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Property at 474 22nd Street, Niagara Falls, NY 14303
ACTIVE
$5,000
$154,900

474 22nd StreetNiagara Falls, NY, 14303

3 Beds2 Baths1,512 SqFt0.09 Acres
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.
1 / 31

Est. Monthly

$734/MO

$154,900
$5,000

474 22nd Street, Niagara Falls, NY

3 Beds2 Baths1,512 SqFt0.09 Acres

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.

StatusActive
Property TypeResidential
Property SubtypeMulti Family
Year Built1940
Days on Market74 days

Est. Monthly Payment

$734.22

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

474 22nd Street

Niagara Falls, NY 14303 • Niagara
3
Beds
2
Baths
1,512
SqFt
0.09
Acres
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Year Built
194086 years ago
Days on Market
74 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $2,599
Property History
  • Price reduced
    Jun 11, 2026 • NYSAMLS • B1673119
    $159,900 → $154,900
  • Listed for sale
    Apr 15, 2026 • NYSAMLS • B1673119
    $164,900
Mortgage Calculator
Estimated monthly payment for this property
$734.22
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    B1673119
  • Listing Office
    Century 21 North East
  • Last Updated
    17 days ago

Appliances

  • Appliances
    Gas Water Heater

Climate & Systems

  • Heating
    • Gas
    • Forced Air

Interior Features

  • Flooring
    • Laminate
    • Tile
    • Varies
  • Basement
    Full

Parking

  • Parking Features
    • Other
    • Parking Available
    • See Remarks
  • Garage Spaces
    1

Lot & Grounds

  • Lot Size
    0.09 acres
  • Lot Features
    • Near Public Transit
    • Rectangular
    • Rectangular Lot
    • Residential Lot

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family

Structure

  • Construction
    Brick

Condition

  • Year Built
    1940
  • Condition
    Resale
  • Days on Market
    74 days
  • Water
    Connected
  • Sewer
    Connected
  • Utilities
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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