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Property at 552 24th Street, Niagara Falls, NY 14301
ACTIVE
0
$385,000

552 24th StreetNiagara Falls, NY, 14301

12 Beds4 Baths3,024 SqFt0.4982 Acres
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.
1 / 40

Est. Monthly

$1,825/MO

$385,000

552 24th Street, Niagara Falls, NY

12 Beds4 Baths3,024 SqFt0.4982 Acres

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.

StatusActive
Property TypeResidential
Property SubtypeMulti Family
Year Built1918
Days on Market70 days

Est. Monthly Payment

$1,824.89

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

552 24th Street

Niagara Falls, NY 14301 • Niagara
12
Beds
4
Baths
3,024
SqFt
0.4982
Acres
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Year Built
1918108 years ago
Days on Market
70 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $1,780
Property History
  • Listed for sale
    Apr 13, 2026 • NYSAMLS • B1672675
    $385,000
Mortgage Calculator
Estimated monthly payment for this property
$1,824.89
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#
    B1672675
  • Listing Office
    Iconic Real Estate
  • Last Updated
    53 days ago

Appliances

  • Appliances
    Gas Water Heater

Climate & Systems

  • Heating
    • Gas
    • Forced Air

Interior Features

  • Flooring
    • Carpet
    • Hardwood
    • Varies
  • Basement
    • Crawl Space
    • Partial
  • Interior Features
    Natural Woodwork

Parking

  • Parking Features
    • Gravel
    • Parking Available
    • Two Or More Spaces
    • Garage Door Opener
  • Garage Spaces
    2

Lot & Grounds

  • Lot Size
    0.4982 acres
  • Lot Features
    • Near Public Transit
    • Rectangular
    • Rectangular Lot
    • Residential Lot
  • Fencing
    • Full
    • Partial
  • Exterior Features
    • Fully Fenced
    • Fence

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family
  • Architectural Style
    Fourplex

Structure

  • Construction
    • Composite Siding
    • Copper Plumbing
  • Roof
    Asphalt

Condition

  • Year Built
    1918
  • Condition
    Resale
  • Days on Market
    70 days
  • Water
    Connected
  • Sewer
    Connected
  • Electric
    Circuit Breakers
  • 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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