474 22nd Street, Niagara Falls, NY 14303 | MLS #B1673119 | HUNT Real Estate
 
  • 75 days on site
  • 7 views

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.

Source: New York Alliance, MLS#: B1673119

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  • Property Type
    Residential Income
  • Lot
    0.09 acres

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  • Median Age
    37
  • Population Density
    2,301
  • College Educated
    23%
  • Estimated Median Income
    $35,254
  • Estimated Total Home Owners
    1,210
  • Estimated Total Renters
    1,435
  • Owner / Renter Divide
    46% / 54%
  • Estimated Average Household Size
    2
  • Total Population
    5,652
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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History

Date Event Value Agent
6/11/2026Source: New York Alliance Price Reduction
$154,900 -3.1%
4/30/2026Source: New York Alliance Price Reduction
$159,900 -3.0%
4/15/2026Source: New York Alliance Added to Database
April 15, 2026
1/17/2025Source: New York Alliance Status Change
Closed
11/14/2024Source: New York Alliance Status Change
Pending
9/1/2024Source: New York Alliance Added to Database
September 01, 2024