$69,000

1712 Niagara Street, Niagara Falls, NY 14303

  • 2 beds |
  • 1 bath |
  • 858 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1895
  • Property Lot Size Icon1,681sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $80/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

1712 Niagara St, Niagara Falls, NY 14303 is a compact single-family investment opportunity in the South End neighborhood, offering strong affordability and redevelopment potential in a tourist-adjacent market. Property Highlights Size & Layout: 858 sq ft, 2 bedrooms, 1 bath (per tax records), built in 1895 with a full basement, hot air/natural gas heat, central air, and vinyl/aluminum exterior. Includes a covered porch and private driveway. Zoning: R3-B Multi-Unit Urban — favorable for potential conversion to multi-family or mixed-use, subject to approvals. Investment ThesisThis is a low-entry-cost fixer-upper or rental play in Niagara Falls, NY, where the broader housing market shows median sale prices around $145k–$170k with homes selling in ~30–35 days. The property sits on a main corridor (Niagara Street) in an area with ongoing revitalization interest, proximity to the Falls tourism economy, medical facilities (e.g., Niagara Falls Memorial Medical Center), and schools. Potential Strategies:Rental Income — Stabilize and rent as a single-family home or explore multi-unit conversion given zoning. Local rental demand supports steady cash flow in a market with positive year-over-year rent growth. Value-Add — Renovate for higher rents or resale; the low basis and assessed value leave room for forced appreciation. Hold/Long-Term — Benefit from regional tourism spillover, infrastructure improvements, and broader Upstate NY market momentum. Risks/Considerations: Older construction (1895) may require updates for code compliance, systems, or lead paint/asbestos. South End is a working-class neighborhood — investor-friendly but check local comps and tenant screening. Taxes and holding costs are modest given the low assessment.Overall: Ideal for cash investors or rehab specialists seeking sub-$100k entry in a market with tourism tailwinds and redevelopment upside. Verify condition via inspection and confirm zoning/multi-unit feasibility with the City of Niagara Falls. Comparable small homes on/near Niagara St trade in the low-to-mid $ range, making this a potential bargain with execution.

Listing Status:
Active
Date Added:
June 18, 2026
Data Last Updated:
June 26, 2026 at 6:16AM
Listing Office:
Blue Eagle Realty Corp. : 716-536-1787
Listing Agent:
Alan Findlay : 716-436-1296
MLS ID:
B1691309
  • General: Eat-in KitchenSeparate/Formal Living Room
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: VariesVinyl
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • General: Gravel Driveway
  • Style: Cape Cod
  • Parking: No Garage
  • General: Vinyl Siding1Block
  • Road/Access: Main Thoroughfare
  • Originating MLS: NYS_B
  • School District: Niagara Falls
  • County: Niagara
  • Zoning: 291100-159-040-0002-021-000
  • Utilities: Sewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_B

This listing courtesy of Alan Findlay , Blue Eagle Realty Corp.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby