1333 North Avenue, Niagara Falls, NY 14305

• 4 beds |
• 2 baths |
• 1,728 sqft

Property Description

Located just ten (10) minutes from Niagara Falls State Park & the world-famous Niagara Falls waterfall, this property offers a prime location near the bridges to Canada, shopping & major attractions. Close to public transportation. Situated in the desirable north end of the city, this home sits in a high rental demand area, making it a smart choice for any investor. Long term tenant wishes to stay. The property features maintenance-free vinyl siding & a strong rental history, generating $18,900 in annual gross rents. That's an impressive 16.4% gross return before expenses 13.8% after expenses-a fantastic rate of return for an investor looking for a reliable cash flow & long-term growth potential in one of Western New York's most affordable & rapidly improving markets. Whether you're expanding your portfolio or searching for your first investment property or buying your first home to live in & have the rents help pay your mortgage, this opportunity offers strong income, low maintenance, & excellent location appeal near one of the world's most visited destinations. Don't miss out-properties in this price range with this kind of return move fast. Upgrades include a new furnace 23', electric service panels 15', roof 2012 (30-year shingle) replacement windows. Low expenses: Utilities water and refuse: $1,326, property insurance: $995, Taxes: $746. Don't miss this fantastic investment opportunity! This well-maintained, two-family property offers a maintenance-free exterior, separate utilities, & excellent cash flow, making it ideal for both seasoned investors and owner-occupants. First floor offers two (2) bedrooms, formal dining room large kitchen one (1) bath. Second floor 1+ bedroom, Bonus room-perfect for office, nursery, or additional storage. Large walk-in pantry off kitchen. With minimal exterior upkeep and separate utilities for each unit, this property is designed for easy management & maximum income potential. Whether you're building your portfolio or looking to live in one unit while renting the other, this is the opportunity you've been waiting for. Reliable rental history + strong cash flow=smart investment you can't pass up. 24 hour notice for showings.

Listing Status:

Active

Date Added:

November 14, 2025 at 06:00AM

Listing Office:

Howard Hanna WNY Inc. : 716-691-5800

Listing Agent:

Louis S Rizzo : 716-691-5800

MLS ID:

B1649393

Interior

• Appliances: Gas Water Heater
• Basement: Full
• Flooring: LaminateVariesVinyl
• Heating: GasForced Air
• Fireplace: Fireplaces: 0

Exterior

• General: Fence
• Style: Duplex
• Parking: OtherParking AvailableSee Remarks

Construction

• Roofing: Asphalt
• General: Vinyl SidingCopper Plumbing2

Location

• Road/Access: City Street
• Originating MLS: NYS_B
• School District: Niagara Falls
• County: Niagara

Lot

• Zoning: 291100-144-040-0001-061-000
• Fencing: Partial

Utilities

• Utilities: Cable AvailableSewer ConnectedWater ConnectedCircuit Breakers
• Water: ConnectedPublic
• Sewer: Connected

Financial

• Source: NYS_B

This listing courtesy of Louis S Rizzo, Howard Hanna WNY Inc.