552 24th Street, Niagara Falls, NY 14301
Local realty services provided by:ERA Team VP Real Estate
552 24th Street,Niagara Falls, NY 14301
$385,000
- 12 Beds
- 4 Baths
- 3,024 sq. ft.
- Multi-family
- Active
Listed by: noah munoz
Office: iconic real estate
MLS#:B1672675
Source:NY_GENRIS
Price summary
- Price:$385,000
- Price per sq. ft.:$127.31
About this home
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....
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Home facts
- Year built:1918
- Listing ID #:B1672675
- Added:18 day(s) ago
- Updated:May 03, 2026 at 02:41 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Hardwood, Varies
- Basement:Yes
- Basement Description:Crawl Space, Partial
- Living area:3,024 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt
- Year built:1918
- Building area:3,024 sq. ft.
- Lot area:0.5 Acres
- Lot Features:Near Public Transit, Rectangular, Residential Lot
- Architectural Style:Fourplex
- Construction Materials:Composite Siding, Copper Plumbing
- Exterior Features:Fence, Fully Fenced
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$385,000
- Price per sq. ft.:$127.31
- Tax amount:$1,780
Features and amenities
- Amenities:Fence
Parking
- Parking description:Garage Door Opener, Gravel Driveway, Parking Available
- Garage:Yes
- Garage spaces:2
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