474 22nd Street
Niagara Falls, NY 14303
3
Bed
2
Bath
1,512Sqft
0.09Acre(Lot)
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 redu
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Full -
Flooring Information
Laminate, Tile, Varies -
Interior Features
Appliances: Gas Water Heater, Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air
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Building Information
Year Built: 1940 Building Area Total: 1512 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Dimensions: 35X112 Main Square Feet: 0.09 Acres Lot Size Acres: 0.09 Lot Size Square Feet: 3920 Lot Description: Near Public Transit, Rectangular LotProperty Information
Subdivision: Stedman Farm Source Property Type: Residential Property SubType: Multi Family Property Age: 86
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Listing Price Information
Listing Price: $154900 Original Price: $164900 Cash, Conventional, FHA
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Tax Information
Parcel Number: 291100-159-033-0002-011-000 Tax Lot: 11 Annual Tax: $2599
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Parking Information
Other, See RemarksGarage Information
Has Garage: Yes Garage Space: 1
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Utility Information
Sewer Connected, Water Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 353 38th Street, Niagara Falls, NY, 14303 | $180,000 | 4 | 2 | 1,824 | 1,824 SqFt |
| 3023 Orleans Avenue, Niagara Falls, NY, 14303 | $105,000 | 4 | 2 | 1,760 | 1,760 SqFt |
| 2621 Welch Avenue, Niagara Falls, NY, 14303 | $135,000 | 3 | 2 | 1,386 | 1,386 SqFt |
| 416 26th Street, Niagara Falls, NY, 14303 | $134,900 | 4 | 2 | 1,428 | 1,428 SqFt |
| 417 24th Street, Niagara Falls, NY, 14303 | $119,999 | 4 | 2 | 1,540 | 1,540 SqFt |
| 2225 Falls Street, Niagara Falls, NY, 14303 | $164,000 | 3 | 2 | 1,560 | 1,560 SqFt |
| 445 20th Street, Niagara Falls, NY, 14303 | $84,900 | 5 | 2 | 1,760 | 1,760 SqFt |
| 1926 Welch Avenue, Niagara Falls, NY, 14303 | $99,900 | 3 | 2 | 1,690 | 1,690 SqFt |
| 1773 Falls Street, Niagara Falls, NY, 14303 | $74,900 | 2 | 1 | 3,036 | 3,036 SqFt |
| 1780 Falls Street, Niagara Falls, NY, 14303 | $299,900 | 7 | 4 | 5,556 | 5,556 SqFt |
Similar Multifamily To 474 22nd Street
Nearby For Sale
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ByOwner last updated this listing 06/17/2026 @ 13:27
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