474 22nd Street Niagara Falls, NY 14303
Listing by: NYS ALLIANCE / Century 21 North East / David Pascucci / Patrick Hollingsworth

  474 22nd Street Niagara Falls, NY 14303

Active (88 Days)
$164,900 (USD)
3
BED
2
BATH
1,512
SQFT

Description

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.

MLS #:
B1673119
Taxes
$2,599
Lot Size
3,920 SQFT
Type
Multifamily
Year Built
1940
School District
Niagara Falls
County
Niagara County
Community
Stedman Farm

Listed By

David Pascucci, Century 21 North East
Patrick Hollingsworth, Century 21 North East
Source
NYS ALLIANCE
Last checked Apr 17 2026 at 5:07 AM GMT+0000
Bathroom Details
Interior Features
  • Gas Water Heater
Subdivision
  • Stedman Farm
Lot Information
  • Residential Lot
  • Rectangular
  • Near Public Transit
  • Rectangular Lot
Property Features
  • Fireplace: 0
Heating and Cooling
  • Gas
  • Forced Air
Basement Information
  • Full
Flooring
  • Varies
  • Tile
  • Laminate
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Water Source: Connected
  • Sewer: Connected
Parking
  • Other
  • See Remarks
  • Parking Available
Living Area
  • 1,512 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by C21 North East and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 New York State Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/16/26 22:07