Welcome to this charming multi-family property, perfectly situated on a double-wide lot! This unique investment opportunity features three apartments: two spacious two-bedroom units and a cozy one-bedroom unit on the top floor. Each apartment boasts ample natural light and a comfortable layout, making them ideal for renters or potential Airbnb guests. The property also includes a convenient driveway in the front, along with a dedicated parking area at the back, accessible via an alleyway. With a little creativity and renovation, this residence could be transformed into a lucrative vacation rental or continue to serve as a reliable income-generating asset. Don't miss out on the potential of this versatile property!
Sold for $155,000 on 04/07/25
$155,000
531 16th St, Niagara Falls, NY 14301
5beds
2,199sqft
Multi Family
Built in 1894
-- sqft lot
$157,900 Zestimate®
$70/sqft
$1,077 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 10, 2025 at 12:48pm
Listed by:
Jayson Parker 716-266-5805,
Iconic Real Estate
Bought with:
Jayson Parker, 10401330743
Iconic Real Estate
Source: NYSAMLSs,MLS#: B1580349
Originating MLS: Buffalo

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Attic
- Flooring: Carpet, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,199
- Total interior livable area: 2,199 sqft
Property
Parking
- Parking features: Parking Available
Lot
- Size: 8,712 sqft
- Dimensions: 66 x 132
- Features: Rectangular, Residential Lot
Details
- Parcel number: 2911001590240004035000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other, See Remarks
Condition
- Resale
- Year built: 1894
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Niagara Falls
Other
Other facts
- Listing terms: Cash,Conventional,FHA