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.
Listing By
Agency Name: Century 21 North East
Agency Phone: 716-754-9963
Shown By
Agent Name: Lydia Beebe Safulko
Agent Phone: (716) 481-3182
Agency Title: MJ Peterson Real Estate
Estimated Payment
$ 631.68 per month $367.00 Principal & Interest $216.58 Property Tax $48.10 Homeowner's Insurance
474 22nd Street | MLS# B1673119
This multi-family property located at 474 22nd Street, Niagara Falls, NY 14303 is currently listed for sale with an asking price of $164,900. 22nd Street is located within the Niagara Falls school district. Search Niagara Falls real estate on lbeebesafulko.mjpeterson.com today.