Discover a fantastic investment opportunity with this beautifully maintained 4-unit brick building, ideally located in a vibrant neighborhood. Listed at just $159,900, this property is not only a solid investment but also a cash flow generator, currently yielding an impressive $2,900 in monthly rental income. Each unit features modern upgrades, including newer cabinets and fresh flooring, providing a comfortable living space for tenants. The property benefits from separate utilities for each unit, making management simple and efficient. Additionally, some furnaces have been recently replaced, ensuring reliability and lower maintenance costs. Originally a storefront, the building has been thoughtfully converted into four residential apartments, maximizing its income potential while maintaining its charming character. With a strong rental history and great demand in the area, this property is perfect for both seasoned investors and those looking to start their real estate journey. Don’t miss out on this opportunity to own a piece of real estate with significant income potential.
Sold for $175,000 on 02/13/25
$175,000
424 24th St, Niagara Falls, NY 14303
8beds
6,045sqft
Multi Family
Built in 1924
-- sqft lot
$-- Zestimate®
$29/sqft
$1,253 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 25, 2025 at 06:01am
Listed by:
Jayson Parker 716-266-5805,
Iconic Real Estate,
Noah Munoz 716-404-5470,
Iconic Real Estate
Bought with:
Dale Miller Jr, 10401345182
Irish Jones Realty
Source: NYSAMLSs,MLS#: B1572229
Originating MLS: Buffalo

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Varies, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 6,045
- Total interior livable area: 6,045 sqft
Property
Parking
- Parking features: Concrete
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,458 sqft
- Dimensions: 35 x 98
- Features: Near Public Transit, Residential Lot
Details
- Parcel number: 2911001590330003041000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Resale
- Year built: 1924
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Niagara Falls
- Subdivision: Stedman Farm
Other
Other facts
- Listing terms: Cash,Conventional