




552 24th St, Niagara Falls, NY, 14301
About This Home
Exceptional opportunity to own a rare, large-scale investment package in the heart of Niagara Falls! Located on 24th Street, this unique offering includes two historic properties situated on nearly an acre of adjoining land—an incredibly uncommon find in a downtown setting. 552 24th St is a four-unit building featuring two spacious 4-bedroom units and two 2-bedroom units. Currently, one unit is occupied by a long-term tenant, while the remaining units are vacant—providing immediate value-add potential for an investor to set market rents or complete renovations to maximize cash flow. 562 24th St is a duplex offering two 2-bedroom units and is currently owner-occupied (interior not photographed), making it ideal for an owner-user or additional rental income. Both properties feature separate utilities, reducing owner expenses and increasing overall investment efficiency. What truly sets this package apart is the expansive, buildable land included—offering endless possibilities for future development. Whether you're looking to add another multi-family property, construct a small warehouse, or explore other development opportunities, the space and zoning potential make this a standout investment. Additional highlights include two detached garages, ample off-street parking, and a highly desirable location just minutes from Niagara Falls State Park, the Canadian border, local restaurants, and shopping. With six total units, significant upside potential, and rare development land, this is the kind of opportunity that doesn’t come around often. Whether you're expanding your portfolio or looking for your next value-add project, this property checks all the boxes.
Getting Around
Schools
Construction
Condition
- Property condition: Resale
- Year built: 1918
Materials
- Roof: Asphalt
- Construction materials: Composite Siding,Copper Plumbing
Type & Style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subType: Quadruplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Crawl Space,Partial
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 4
- Full bathrooms: 4
Features
- Natural Woodwork
- Flooring: Carpet,Hardwood,Varies
Heating
- Heating features: Gas,Forced Air
Interior Area
- Total structure area: 3,024
- Total interior livable area: 3,024 sqft
Property
Details
- Parcel number: 2911001590250002019000
- Special condition: Standard
Features
- Exterior features: Fully Fenced,Fence
- Fencing: Full,Partial
Lot
- Lot size: 0.50 Acres
- Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 175 x 124
Parking
- Total spaces: 2
- Parking features: Gravel,Parking Available,Two or More Spaces,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Niagara County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,769 | $21,228 |
| Home Insurance * | $378 | $4,536 |
| Property Taxes | $504 | $6,048 |
| Electricity | $499 | $5,996 |
| Total | $3,150 | $37,800 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-14 | Listed for sale | $385,000 |
| 2015-06-30 | Sold | $15,000 |
