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Brick Two-Family Home
For Sale
$49,900
Pending

557 Tronolone Pl, Niagara Falls, NY 14301

Brick two-family residence with separate gas heating and hot water systems for stable, long-term occupancy.

Property Size1,856 SF
Days on Market97

Property Features for 557 Tronolone Pl

General Information

Standard status Pending
Size 1,856 SF
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,279

Building Details

Building Size 1,856 SF
Year Built 1910
Stories 2
Units 2
Listing Agency: Hooper Realty
Listed By: Michael J Hooper · License #37HO0444450
Source: Elliman
Added: Jun 7 Changed: Aug 31 Last Checked: Sep 10 at 10:07AM

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 Hooper Realty

Investment Insights

Based on property information with market context.

This brick two-family home is set up for separate household service. The property includes two gas FHA furnaces and two gas hot water tanks. It also features two circuit breaker boxes, and the basement has some glass block windows.

The seller notes the property is conveniently located and currently has long-term tenants. Walk and bike ratings are listed as somewhat walkable and somewhat bikeable, with a transit score of 30.

For buyers seeking a straightforward residential income asset, the separated heating and hot water infrastructure supports each unit having its own mechanical systems. Existing long-term tenants may appeal to investors or owner-operators looking for rental-ready housing with clearly defined utilities and service components.

Key Highlights

  • Brick 2‑family home built in 1910
  • Separate gas heating systems with 2 Gas FHA furnaces (1 newer)
  • 2 gas hot water tanks for the two units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Skin Care Clinic HVAC Service Garden Center Electrical Service Locksmith Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,333
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Brick two-family residence with separate gas heating and hot water systems for stable, long-term occupancy.
Where is this duplex located?
The property is located at 557 Tronolone Pl Niagara Falls, NY.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Brick 2‑family home built in 1910; Separate gas heating systems with 2 Gas FHA furnaces (1 newer); 2 gas hot water tanks for the two units
More about this property
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