Triplex Residential Income
For Sale
$104,900
Pending
517 Tronolone Pl, Niagara Falls, NY 14301
Three-unit triplex with two-bedroom and one-bedroom layouts, sold as-is and suited for income-focused buyers.
Property Size1,824 SF
Days on Market67
Property Features for 517 Tronolone Pl
General Information
Standard status
Pending
Size
1,824 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$2,023
Building Details
Building Size
1,824 SF
Year Built
1920
Units
3
Listing Agency:
Red Door Real Estate WNY LLC
(716) 768-1177
Listed By:
Renee Moran
Source:
Elliman
Added: Jun 7
Changed: Aug 12
Last Checked: Aug 12 at 7:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Red Door Real Estate WNY LLC
Investment Insights
Based on property information with market context.
This triplex consists of three residential units, including two 2-bedroom units and one 1-bedroom unit. Across the property, the configuration provides a total of 5 bedrooms and 3 full bathrooms, offering a straightforward income-producing setup for an owner-operator or investor. The property is being sold as-is, with updates and improvements identified as an opportunity for a buyer to enhance value.
The home sits on a 3,828-square-foot lot and is located near local amenities, shopping, dining, and transportation routes. Walkability is noted as somewhat walkable, with bikeability also described as somewhat bikeable, and transit measured as somewhat limited.
For tenants or buyers seeking a small multifamily asset, this property’s mix of unit sizes can support flexible leasing, with two larger units and one smaller unit within the same building. Since the sale is as-is, prospective buyers should plan for their own due diligence regarding condition and any desired renovations before closing.
The home sits on a 3,828-square-foot lot and is located near local amenities, shopping, dining, and transportation routes. Walkability is noted as somewhat walkable, with bikeability also described as somewhat bikeable, and transit measured as somewhat limited.
For tenants or buyers seeking a small multifamily asset, this property’s mix of unit sizes can support flexible leasing, with two larger units and one smaller unit within the same building. Since the sale is as-is, prospective buyers should plan for their own due diligence regarding condition and any desired renovations before closing.
Key Highlights
- Three‑unit triplex built in 1920 with approx. 1,824 SF of total living area
- Unit mix includes two 2‑bedroom units and one 1‑bedroom unit (5 total bedrooms)
- 3 full bathrooms total across the triplex
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,290
Businesses Nearby
Explore this area
Business Placement
Demographics for 14301, NY
12,618
Population
7,285
Households
1.7
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
2.1 sq mi
ZIP Area
6,009
Density / Sq Mi
$37,650
Median Household Income
$32,909
Median Earnings
$722
Median Rent
$79,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit triplex with two-bedroom and one-bedroom layouts, sold as-is and suited for income-focused buyers.
Where is this triplex located?
The property is located at 517 Tronolone Pl Niagara Falls, NY.
What is the asking price?
The asking price for this property is $104,900.
What are key features of this property?
This property features: Three‑unit triplex built in 1920 with approx. 1,824 SF of total living area; Unit mix includes two 2‑bedroom units and one 1‑bedroom unit (5 total bedrooms); 3 full bathrooms total across the triplex
