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  • $950,000

    565 7th St, Niagara Falls, NY 14301

    12beds
    0baths
    15,608sqft
    Loading
    Multi Family
    Built in 1924
    -- sqft lot
    $930,000 Zestimate®
    $61/sqft
    $-- HOA

    What's special

    Historic architectural appeal
    A truly unique opportunity to own a substantial, architecturally distinctive 12-unit property ideally positioned in the heart of Niagara Falls. Built in 1924, this impressive property reflects the craftsmanship, scale & architectural character of an era when buildings were constructed to make a statement & much of that original grandeur has been preserved. The current owner has thoughtfully invested in the property, updating kitchens & bathrooms throughout to give the building a fresh, modern look while retaining the character & charm that made this property so distinctive. The result is a rare combination of historic architectural appeal & modern income producing potential. The location is exceptionally attractive for both residential & investment purposes. The property is within walking distance of the Seneca Niagara Resort & Casino & Niagara Falls Memorial Medical Center , two major downtown employment centers. The casino currently employs thousands of people throughout its operations, while Memorial Medical Center is a major healthcare institution serving the region. Just minutes from the Rainbow Bridge to Canada, Niagara Falls State Park, the Niagara River, downtown entertainment, restaurants, shopping & other major attractions, the property sits in an area that benefits from both year round employment & international tourism economy. Niagara Falls continues to be a major destination attracting visitors from around the world, creating a unique environment for investors seeking multiple sources of rental demand. This is more than an apartment building it is an opportunity to acquire a substantial piece of Niagara Falls history while positioning yourself for the future. The combination of 12 two (2) bedroom units, historic architecture, recent interior improvements, strong location, employment centers & proximity to one of the world's most recognized tourist destinations creates tremendous potential for an investor looking to establish or expand a portfolio. The real opportunity here is the income growth potential this property offers an investor the ability to increase rental income over time & building equity, this is a property worth serious consideration.
    12 days
    260
    24

    Zillow last checked:

    Listing updated:

    Listed by:

    Howard Hanna WNY Inc. 716-691-5800,

    Louis S Rizzo 716-691-5800

    Source: NYSAMLSs,MLS#: B1715125MLS LogoOriginating MLS: Buffalo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 0
      Heating
      • Gas, Radiator(s)
      Appliances
      • Included: Exhaust Fan, Gas Water Heater, Range Hood
      • Laundry: Coin-operated
      Features
      • Flooring: Hardwood, Varies, Vinyl
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 15,608
      • Total interior livable area: 15,608 sqft

      Property

      Parking
      • Parking features: Three or more Spaces, Driveway
      Features
      • Stories: 3
      • Exterior features: Blacktop Driveway, Concrete Driveway
      Lot
      • Size: 8,089 Square Feet
      • Dimensions: 99 x 81
      • Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
      Details
      • Parcel number: 2911001590220002025000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Stucco
      • Roof: Asphalt,Shingle,Slate,Tile
      Condition
      • Resale
      • Year built: 1924

      Utilities & green energy

      • Sewer: Connected
      • Water: Connected, Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Laundry Facilities
      • Subdivision: City/Niagara Falls
      Location
      • Region: Niagara Falls

      Financial & listing details

      • Price per square foot: $61/sqft
      • Tax assessed value: $120,000
      • Annual tax amount: $9,216
      • Date on market: 9/16/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $930,000

        $884,000 - $977,000

        $1,070/mo

        Price history

        DateEventPrice
        9/16/2026Listed for sale$950,000+104.3%$61/sqft
        Source: NYSAMLSs #B1715125 Report a problem
        12/23/2019Sold$465,000-6.1%$30/sqft
        Source: NYSAMLSs #B1229223 Report a problem
        10/1/2019Pending sale$495,000$32/sqft
        Source: Howard Hanna #B1229223 Report a problem
        10/1/2019Listed for sale$495,000$32/sqft
        Source: Howard Hanna #B1229223 Report a problem

        Public tax history

        Tax history is unavailable.
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 14301

        Getting around

        75 / 100
        Very Walkable
        36 / 100
        Some Transit
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Niagara Falls High
        • District: Niagara Falls

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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