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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

    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.

    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#: B1572229MLS LogoOriginating 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
    Services availability