474 22nd ST, Niagara Falls, NY 14303
474 22nd ST, Niagara Falls, NY 14303
474 22nd ST, Niagara Falls, NY 14303
31
See all 31 photos
$154,900
Est. payment /mo
Save
3 Beds
2 Baths
1,512 SqFt
Price Dropped by $5K

474 22nd ST Niagara Falls, NY 14303

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Dawn Nowak

Dawn Nowak

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,512 sqft

Price per Sqft $102

Subdivision Stedman Farm

MLS Listing ID B1673119

Bedrooms 3

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1940

Annual Tax Amount $2,599

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35X112

Property Sub-Type Multi Family

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.

Location

State NY

County Niagara

Community Stedman Farm

Area Niagara Falls-City-291100

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Laminate, Tile, Varies

Fireplace No

Appliance Gas Water Heater

Exterior

Garage Spaces 1.0

Utilities Available Sewer Connected, Water Connected

Garage Yes

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Sewer Connected

Water Connected, Public

Structure Type Brick

Construction Status Existing

Schools

School District Niagara Falls

Others

Senior Community No

Tax ID 291100-159-033-0002-011-000

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

Listed by Century 21 North East

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Dawn Nowak

Dawn Nowak

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Keller Williams, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

474 22nd ST