Nicholas Falcone
Licensed Real Estate Salesperson
REALTOR®
Stamford, NY
Office: (607) 652-2220 (631) 384-1507

505 5th Street, Niagara Falls, NY 14301

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$120,000 Active
4 Beds 3 Baths 0 Partial Bath 3,090 Sq Ft 0.12 Acres
Days on Site 11 Year Built 1921 Subdivision Mile Reseve School Niagara Falls MLS #B1662515
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Property Description

Exceptional investment opportunity! This 3-unit residence occupies a prime corner lot in the heart of Niagara Falls, offering the perfect blend of size, location, and versatility. Ideally positioned for high-yield potential, the property is just blocks from the Seneca Niagara Casino, the Niagara River Gorge, and the Niagara Falls State Park. Whether you are looking for a steady long-term rental or a lucrative short-term play, this property is situated within the Niagara Falls designated short-term rental/Airbnb zone, making it a rare find for savvy investors. The spacious units provide ample living space, while the corner lot location offers enhanced curb appeal and natural light. Don't miss your chance to own a multi-unit powerhouse in one of the world's most famous tourist destinations. Minutes from downtown dining, shopping, and international border crossings. Turn your vision into reality at 505 5th Street!

505 5th Street | MLS# B1662515

This multi-family property located at 505 5th Street, Niagara Falls, NY 14301 is currently listed for sale with an asking price of $120,000. 5th Street is located within the Niagara Falls school district. Search Niagara Falls real estate on nicholas-falcone.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Forced Air
Home Style: Triplex
Lot Size: 0.12 Acres
Stories: 2.0
Taxes: $1,235
Year Built: 1921

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 11
Exterior: Wood Siding
Flooring: Carpet, Laminate, Other, See Remarks, Varies, Vinyl
Lot: Corner Lot, Rectangular, Rectangular Lot
Lot Dimensions: 82X66
Parcel#: 291100-159-029-0003-056-000
Parking: Two or More Spaces
Parking Notes: Two or More Spaces
Patio/Porch: Covered, Porch
Sewer: Connected
Units: 3
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Niagara Falls
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505 5th Street, Niagara Falls, NY 14301

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Estimated Payment

$ 404.98 per month $267.07 Principal & Interest $102.92 Property Tax $35.00 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Iconic Real Estate
Agency Phone: 716-236-7644

Shown By

Agent Name: Nicholas Falcone
Agent Phone: (631) 384-1507
Agency Title: Timberland Properties

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Nicholas Falcone
Nicholas Falcone Licensed Real Estate Salesperson Cell: (631) 384-1507 Email Me
All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 1:11:38 AM EST) or Global MLS (last updated Tue 03/03/2026 1:06:55 AM EST) or New York State Alliance MLS (last updated Tue 03/03/2026 1:10:29 AM EST) or Hudson Valley Catskill Region MLS (last updated Tue 03/03/2026 12:11:14 AM EST) or OneKey MLS (last updated Tue 03/03/2026 1:10:05 AM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.
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