552 24th ST Niagara Falls, NY 14301
12 Beds
4 Baths
3,024 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,024 sqft
Price per Sqft $127
Subdivision Mile Reserve
MLS Listing ID B1672675
Style Fourplex
Bedrooms 12
Full Baths 4
Construction Status Existing
HOA Y/N No
Year Built 1918
Annual Tax Amount $1,780
Lot Size 0.498 Acres
Acres 0.4982
Lot Dimensions 175X124
Property Sub-Type Multi Family
Property Description
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.
Location
State NY
County Niagara
Community Mile Reserve
Area Niagara Falls-City-291100
Direction Ferry to 24th st
Rooms
Basement Crawl Space, Partial
Interior
Interior Features Natural Woodwork
Heating Gas, Forced Air
Flooring Carpet, Hardwood, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Exterior Feature Fully Fenced, Fence
Garage Spaces 2.0
Fence Full, Partial
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Garage Yes
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Sewer Connected
Water Connected, Public
Architectural Style Fourplex
Structure Type Composite Siding,Copper Plumbing
Construction Status Existing
Schools
School District Niagara Falls
Others
Senior Community No
Tax ID 291100-159-025-0002-019-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard