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Niagara Falls Investment Opportunity
For Sale
$140,000
Pending

955 NIAGARA AVE, Niagara Falls, NY 14305

Three-unit property with renovation potential near Whirlpool Street.

Property Size5,872 SF
Lot Size0.14 Acres
Days on Market444

Property Features for 955 NIAGARA AVE

General Information

Standard status Pending
Size 5,872 SF
Lot size 0.14 Acres
Property subtype Multi-Family

Taxes and HOA fees

Annual Taxes $1,172

Amenities

Gas
Full
3
Hardwood, Tile, Laminate
Other
Corner Lot. Fenced Yard.
Rectangular
60X100
Corner, City Road, Rectangular.

Building Details

Year Built 1938
Listing Agency: Red Door Real Estate WNY LLC
Listed By: Lizette Moran
Source: Xome
Added: Jun 16, 2025 Changed: Aug 25 Last Checked: Sep 1 at 5:06PM

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.

Located in the City of Niagara Falls, this three-unit property presents an investment opportunity. Originally configured as a four-unit building, the two lower-left units have been combined, resulting in a layout featuring a total of 7 bedrooms and 4 bathrooms across the three units. The property has a total of 5,872 sq ft of living space on a 6,000 sq ft lot. The lower units have been updated and are currently rented, generating $1,200 per month. The upper unit requires full rehabilitation, and the mechanical systems need work. The building is equipped with one gas meter, two hot water tanks, and four electric meters/panels. The property is located minutes from Whirlpool St, providing access toward Niagara Falls or the Lewiston area. The property is intended for use as a residential income property.

Key Highlights

  • Income‑generating property with two updated, rented units producing $1,200/month.
  • Large 3‑unit property featuring 7 bedrooms and 4 bathrooms.
  • Significant value‑add potential through renovation of the upper unit.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Plumbing Service Garden Center Furniture & Home Goods HVAC Service Storage Facility

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

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby

Demographics for 14305, NY

16,427
Population
8,348
Households
2
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
7.8 sq mi
ZIP Area
2,106
Density / Sq Mi
$49,588
Median Household Income
$30,314
Median Earnings
$798
Median Rent
$109,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three-unit property with renovation potential near Whirlpool Street.
Where is this triplex located?
The property is located at 955 NIAGARA AVE Niagara Falls, NY.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Income‑generating property with two updated, rented units producing $1,200/month.; Large 3‑unit property featuring 7 bedrooms and 4 bathrooms.; Significant value‑add potential through renovation of the upper unit.
More about this property
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