2 months on rocket

Backup Offers

561 Memorial Pkwy, Niagara Falls, NY, 14301

$229,999

Home List Price

$2,731*

Closing Credit

6 Bedrooms
4 Full Baths
3,047 SqFt
$75/SqFt
Multi

Location

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561 Memorial Pkwy, Niagara Falls$229,999

Buyer Closing Credits

$2,731*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingGarage, Parking Available, Two or More Spaces
Garage2 spaces
Year Built1900
HeatingNatural Gas, Other, Forced Air
CoolingOther
BasementYes
MLS #B1570289
Lot Size0.09 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 561 Memorial Pkwy

Welcome to this charming four-unit brick exterior multifamily property, perfect for savvy investors or those looking to live in one unit while renting out the others. Nestled in a vibrant neighborhood, this well-maintained building features four spacious units, each showcasing its own unique character and ample natural light. The layout offers a wonderful mix of cozy living spaces and comfortable bedrooms, making it ideal for a variety of tenants. With a strong rental history, this property presents a fantastic opportunity to generate income while enjoying the benefits of homeownership. Located conveniently, residents will have easy access to local amenities, parks, and public transportation, ensuring that everyone will love calling this place home. Don’t miss out on this incredible investment opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Other, See Remarks, Fourplex
  • Year Built: 1900
  • Living Area: 3,047 SqFt

Listing Office:

  • Office Name: WNY Metro Roberts Realty
  • Office Phone: (716) 430-2091
  • Listing Agent: Emmanuel Williams

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Luxury Vinyl, Varies, Vinyl
  • Interior: Natural Woodwork

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Balcony, Fence

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage, Parking Available, Two or More Spaces

Lot Features

Lot Information:

  • Lot: Other, Near Public Transit, See Remarks
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Other, Forced Air
  • Cooling: Other

Other

Directions Information:

  • Directions: Between Walnut & Ferry

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,999
  • Price Per SqFt: $75/SqFt

Tax Information:

  • Annual Amount: $705
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Niagara Falls, NY.

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Niagara Falls, NY

City

Med. Sold Price

$152.7K

Med. Price/SqFt

$113

Avg. Days On Market

22

# of Sold Homes

55

561 Memorial Pkwy vs Niagara Falls

62 DAYS ON ROCKET

+40 Days

$229,999

+$77.2K More

$75/SqFt

-$38 Less

KEY TAKEAWAY

This property is $77.2K more than the Median Sold Price and $38/SqFt less than other homes in Niagara Falls, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #B1570289

Listing Office:

  • Office Name: WNY Metro Roberts Realty
  • Office Phone: (716) 430-2091
  • Listing Agent: Emmanuel Williams

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/23/2024, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 18, 2019Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2020$705$39,000
2019$756$39,000
2018$1,120$39,000
2017$727$39,000

History based on county public records data.

Payment Calculator

$1,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1184233
3
/10

  • Harry F Abate Elementary School

  • 1625 Lockport St

  • 0.72 miles

  • Public District Grades PK-6

school-card-donut-1184234
1
/10

  • Niagara Street School

  • 2513 Niagara St

  • 0.95 miles

  • Public District Grades PK-6

school-card-donut-1184235
3
/10

  • Hyde Park School

  • 1620 Hyde Park Blvd

  • 1.27 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,177. Most Niagara Falls, NY residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Niagara County›Niagara Falls›14301›561 Memorial Pkwy

This home is located at 561 Memorial Pkwy in Niagara Falls, NY and zip code 14301. This 3,047 square foot home, which was built in 1900, sits on a 0.09 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $229,999.

In November 2024 more than 22 listings in Niagara Falls, NY were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 29 were sold below. The number of homes for sale in Niagara Falls, NY decreased by 16.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 22 days, the median list price was $152,730.

From Rocket Homes Real Estate and based on county public records data.

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