$385,000

552 24th Street, Niagara Falls, NY 14301

  • 12 beds |
  • 4 baths |
  • 3,024 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1918
  • Property Lot Size Icon0.5acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $127/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptional opportunity to own a rare, large-scale investment package in the heart of Niagara Falls! Located on 24th Street, this unique offering includes two historic properties situated on nearly an acre of adjoining land—an incredibly uncommon find in a downtown setting. 552 24th St is a four-unit building featuring two spacious 4-bedroom units and two 2-bedroom units. Currently, one unit is occupied by a long-term tenant, while the remaining units are vacant—providing immediate value-add potential for an investor to set market rents or complete renovations to maximize cash flow. 562 24th St is a duplex offering two 2-bedroom units and is currently owner-occupied (interior not photographed), making it ideal for an owner-user or additional rental income. Both properties feature separate utilities, reducing owner expenses and increasing overall investment efficiency. What truly sets this package apart is the expansive, buildable land included—offering endless possibilities for future development. Whether you're looking to add another multi-family property, construct a small warehouse, or explore other development opportunities, the space and zoning potential make this a standout investment. Additional highlights include two detached garages, ample off-street parking, and a highly desirable location just minutes from Niagara Falls State Park, the Canadian border, local restaurants, and shopping. With six total units, significant upside potential, and rare development land, this is the kind of opportunity that doesn’t come around often. Whether you're expanding your portfolio or looking for your next value-add project, this property checks all the boxes.

Listing Status:
Active
Date Added:
April 13, 2026
Data Last Updated:
May 23, 2026 at 4:16AM
Listing Office:
Iconic Real Estate : 716-236-7644
Listing Agent:
Noah Munoz : 716-404-5470
MLS ID:
B1672675
  • General: Natural Woodwork
  • Appliances: Gas Water Heater
  • Basement: Crawl SpacePartial
  • Flooring: CarpetHardwoodVaries
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • General: Fully FencedFence
  • Style: Fourplex
  • Parking: GravelParking AvailableTwo or More SpacesGarage Door Opener
  • Roofing: Asphalt
  • General: Composite SidingCopper Plumbing2
  • Road/Access: City Street
  • Originating MLS: NYS_B
  • School District: Niagara Falls
  • County: Niagara
  • Zoning: 291100-159-025-0002-019-000
  • Fencing: FullPartial
  • Utilities: Sewer ConnectedWater ConnectedCircuit Breakers
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_B

This listing courtesy of Noah Munoz , Iconic Real Estate

Monthly Payment

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

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