$120,000

505 5th Street, Niagara Falls, NY 14301

  • 4 beds |
  • 3 baths |
  • 3,090 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1921
  • Property Lot Size Icon5,410sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $39/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptional investment opportunity! This 3-unit residence occupies a prime corner lot in the heart of Niagara Falls, offering the perfect blend of size, location, and versatility. Ideally positioned for high-yield potential, the property is just blocks from the Seneca Niagara Casino, the Niagara River Gorge, and the Niagara Falls State Park. Whether you are looking for a steady long-term rental or a lucrative short-term play, this property is situated within the Niagara Falls designated short-term rental/Airbnb zone, making it a rare find for savvy investors. The spacious units provide ample living space, while the corner lot location offers enhanced curb appeal and natural light. Don’t miss your chance to own a multi-unit powerhouse in one of the world's most famous tourist destinations. Minutes from downtown dining, shopping, and international border crossings. Turn your vision into reality at 505 5th Street!

Listing Status:
Pending
Date Added:
February 19, 2026
Data Last Updated:
April 5, 2026 at 7:18AM
Listing Office:
Iconic Real Estate : 716-236-7644
Listing Agent:
Victoria Skrlin-Kozak : 716-533-5410
MLS ID:
B1662515
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: CarpetLaminateOtherSee RemarksVariesVinyl
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • Style: Triplex
  • Other Structures: PorchCovered
  • Parking: Two or More Spaces
  • General: Wood Siding2
  • Originating MLS: NYS_B
  • School District: Niagara Falls
  • County: Niagara
  • Zoning: 291100-159-029-0003-056-000
  • Utilities: Sewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_B

This listing courtesy of Victoria Skrlin-Kozak , Iconic Real Estate

Monthly Payment

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

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Location

Schools Nearby

H

Harry F Abate Elementary School

1625 Lockport St, Niagara Falls, NY, 14305

Grades PK-6

0.90 miles away

G

Gaskill Preparatory School

910 Hyde Park Blvd, Niagara Falls, NY, 14301

Grades 7-8

1.61 miles away

N

Niagara Falls High School

4455 Porter Rd, Niagara Falls, NY, 14305

Grades 9-12

2.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.