531 16th Street

Niagara Falls, NY 14301

$149,900
Price
5
Beds
3
Baths
2,199 Sq. Ft.
$68 / Sq. Ft.
2,199
Sq. Ft.
$68
per Sq. Ft.

Description

Welcome to this charming multi-family property, perfectly situated on a double-wide lot! This unique investment opportunity features three apartments: two spacious two-bedroom units and a cozy one-bedroom unit on the top floor. Each apartment boasts ample natural light and a comfortable layout, making them ideal for renters or potential Airbnb guests. The property also includes a convenient driveway in the front, along with a dedicated parking area at the back, accessible via an alleyway. With a...Welcome to this charming multi-family property, perfectly situated on a double-wide lot! This unique investment opportunity features three apartments: two spacious two-bedroom units and a cozy one-bedroom unit on the top floor. Each apartment boasts ample natural light and a comfortable layout, making them ideal for renters or potential Airbnb guests. The property also includes a convenient driveway in the front, along with a dedicated parking area at the back, accessible via an alleyway. With a little creativity and renovation, this residence could be transformed into a lucrative vacation rental or continue to serve as a reliable income-generating asset. Don't miss out on the potential of this versatile property!
  1. Listed by Jayson Parker • Iconic Real Estate
    P: (716)-236-7644 C: (716)-266-5805 Jayson@HeritageTeam.com

Property Details for 531 16th Street

On Waterfront
No
Parking Description
Parking Available
Nearest Cross Street
Walnut Ave
LISTING UPDATED: 12/08/2024 03:00 PM

Property Details for 531 16th Street

StatusActive
MLS #B1580349
Days on Market6
Taxes$3,247 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1894
Lot Size0.20 AC / 8,712 SF
CountyNiagara County

Building Information for 531 16th Street

Stories2Residences3Year Built1894Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 531 16th Street

Summary
Location and General Information
  • Elementary School District: Niagara Falls
  • High School District: Niagara Falls
  • Middle Or Junior School District: Niagara Falls
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Niagara Falls-City-291100
  • Tax Annual Amount: $3,247.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2199.0
  • Land Features: Rectangular, Residential Lot
  • Num Of Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Acres
  • Parcel Number: 291100-159-024-0004-035-000
  • Road Frontage: City Street
  • Lot Number: 35
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $46,700
  • Year Built: 1894
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 4
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other, See Remarks
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 5
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Interior Features: Attic
  • Sq Ft Total: 2199.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expense Includes: Water Sewer
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Eat-In Kitchen
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Formal Dining Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Formal Dining Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Rental
Rental Information
  • Rent Includes: Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 531 16th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 531 16th Street

Taxable ValueLand$2,600Additions$44,100Total$46,700
Home Facts
Baths3Total Finished SqFt2,199 SqFtAbove Grade Finished SqFt2,199 SqFtStories3Lot Size8,712 SqFtStyleTriplexYear Built1894ZoningR3-BCountyNIAGARAAPN291100 159.24-4-35

Schools near 531 16th Street

This home is within Niagara Falls City School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 7 to 8
Public - 9 to 12
Public - 2 to 6
Rating
School
Distance
Bloneva Bond Primary School
PublicPK to 3

Gaskill Preparatory School
Public7 to 8

Niagara Falls High School
Public9 to 12

Harry F Abate Elementary School
Public2 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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531 16th Street is a multi-family home for sale in Niagara Falls, NY 14301. This property was listed for sale on December 4, 2024 by Iconic Real Estate, it's currently listed at $149,900. It has been on the market for a total of 6 days and was last sold on November 18, 2021. This listing's school district is Niagara Falls City School District. Nearby schools include Bloneva Bond Primary School, Gaskill Preparatory School and Niagara Falls High School. 531 16th Street is a 5-bed, 3-bath, 2,199 sqft multi-family home built in 1894.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Iconic Real Estate

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.