Niagara Falls, NY 14303,424 24th ST
Niagara Falls, NY 14303,424 24th ST
Niagara Falls, NY 14303,424 24th ST
Niagara Falls, NY 14303,424 24th ST
Niagara Falls, NY 14303,424 24th ST
Niagara Falls, NY 14303,424 24th ST
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$175,000

Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

6,045 SqFt


SOLD DATE : 02/13/2025

Key Details

Sold Price $175,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,045 sqft

Price per Sqft $28

Subdivision Stedman Farm

MLS Listing ID B1572229

Sold Date 02/13/25

Bedrooms 8

Full Baths 4

Construction Status Existing

HOA Y/N No

Year Built 1924

Annual Tax Amount $4,507

Lot Size 3,458 Sqft

Acres 0.0794

Lot Dimensions 35X98

Property Sub-Type Multi Family

Property Description

Discover a fantastic investment opportunity with this beautifully maintained 4-unit brick building, ideally located in a vibrant neighborhood. Listed at just $159,900, this property is not only a solid investment but also a cash flow generator, currently yielding an impressive $2,900 in monthly rental income. Each unit features modern upgrades, including newer cabinets and fresh flooring, providing a comfortable living space for tenants. The property benefits from separate utilities for each unit, making management simple and efficient. Additionally, some furnaces have been recently replaced, ensuring reliability and lower maintenance costs. Originally a storefront, the building has been thoughtfully converted into four residential apartments, maximizing its income potential while maintaining its charming character. With a strong rental history and great demand in the area, this property is perfect for both seasoned investors and those looking to start their real estate journey. Don't miss out on this opportunity to own a piece of real estate with significant income potential.

Location

State NY

County Niagara

Community Stedman Farm

Area Niagara Falls-City-291100

Direction Niagara st to 24th st

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Carpet, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Sewer Connected, Water Connected

Building

Lot Description Near Public Transit, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Brick

Construction Status Existing

Schools

School District Niagara Falls

Others

Senior Community No

Tax ID 291100-159-033-0003-041-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Standard

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Listed by Iconic Real Estate
Bought with Irish Jones Realty
agent-avatar

+1(607) 203-0683

matt@warrenhomes.com

830 Hanshaw Rd., Ithaca, NY, 14850, United States

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