474 22nd Street, Niagara Falls, NY 14303

$152,500
3
BD
2
BA
1,512
SqFt

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Sold Price
$152,500
List Price
$154,900
Status
CLOSED
MLS#
B1673119
Closing Date
Oct 16, 2026
Year Built
1940
Bedrooms
3
Bathrooms
2
Acres
0.09
Living Area
1,512
Subdivision
Stedman Farm
Region
Niagara Falls
Neighborhood
Stedman Farm

Property Description

Turnkey, income-producing all-brick 2-unit in Niagara Falls generating strong cash flow from day one! This solid investment features a 2-bedroom, 1-bath unit currently rented for $1,200/month and a 1-bedroom, 1-bath unit rented for $950/month—bringing in $2,150/month ($25,800 annually) in gross rental income. Both units have been updated with newer flooring throughout, along with modernized kitchens and bathrooms, offering a clean, low-maintenance setup that attracts and retains quality tenants. The property also features updated electrical, adding another layer of value and peace of mind for the next owner. Current tenants are reliable, in place, and would love to stay—providing immediate stability and eliminating turnover risk. The all-brick exterior ensures long-term durability and reduced maintenance costs, making this a strong, efficient addition to any investment portfolio. With solid rents already in place and minimal capital improvements needed, this is a true plug-and-play asset delivering consistent cash flow from day one. Opportunities like this—stabilized, updated, and producing—don’t last.

Additional Information

Taxes
$2,599
School District
Niagara Falls
Water
Connected, Public
Sewer
Connected
Garage Spaces
1

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Listing courtesy of Century 21 North East. Contact:

Selling Office: Own NY Real Estate LLC.