$159,900

474 22nd Street, Niagara Falls, NY 14303

  • 3 beds |
  • 2 baths |
  • 1,512 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $106/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Turnkey, income-producing all-brick 2-unit in Niagara Falls generating strong cash flow from day one! This solid investment features a 2-bedroom, 1-bath unit currently rented for $1,200/month and a 1-bedroom, 1-bath unit rented for $950/month—bringing in $2,150/month ($25,800 annually) in gross rental income. Both units have been updated with newer flooring throughout, along with modernized kitchens and bathrooms, offering a clean, low-maintenance setup that attracts and retains quality tenants. The property also features updated electrical, adding another layer of value and peace of mind for the next owner. Current tenants are reliable, in place, and would love to stay—providing immediate stability and eliminating turnover risk. The all-brick exterior ensures long-term durability and reduced maintenance costs, making this a strong, efficient addition to any investment portfolio. With solid rents already in place and minimal capital improvements needed, this is a true plug-and-play asset delivering consistent cash flow from day one. Opportunities like this—stabilized, updated, and producing—don’t last.

Listing Status:
Active
Date Added:
April 15, 2026
Data Last Updated:
May 23, 2026 at 4:16AM
Listing Office:
Century 21 North East : 716-754-9963
Listing Agent:
David M Pascucci : 716-545-9743
MLS ID:
B1673119
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: LaminateTileVaries
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • Parking: OtherParking AvailableSee Remarks
  • General: Brick1
  • Road/Access: City Street
  • Originating MLS: NYS_B
  • School District: Niagara Falls
  • County: Niagara
  • Zoning: 291100-159-033-0002-011-000
  • Utilities: Sewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_B

This listing courtesy of David M Pascucci , Century 21 North East

Monthly Payment

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

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Location

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