1712 Niagara St, Niagara Falls, NY 14303

1712 Niagara St, Niagara Falls, NY 14303 is a compact single-family investment opportunity in the South End neighborhood, offering strong affordability and redevelopment potential in a tourist-adjacent market. nnProperty HighlightsnnSize & Layout: 858 sq ft, 2 bedrooms, 1 bath (per tax records), built in 1895 with a full basement, hot air/natural gas heat, central air, and vinyl/aluminum exterior. Includes a covered porch and private driveway. nnZoning: R3-B Multi-Unit Urban - favorable for potential conversion to multi-family or mixed-use, subject to approvals. nnInvestment ThesisThis is a low-entry-cost fixer-upper or rental play in Niagara Falls, NY, where the broader housing market shows median sale prices around $145k$170k with homes selling in ~3035 days. nn The property sits on a main corridor (Niagara Street) in an area with ongoing revitalization interest, proximity to the Falls tourism economy, medical facilities (e.g., Niagara Falls Memorial Medical Center), and schools. nnPotential Strategies:Rental Income - Stabilize and rent as a single-family home or explore multi-unit conversion given zoning. Local rental demand supports steady cash flow in a market with positive year-over-year rent growth.nValue-Add - Renovate for higher rents or resale; the low basis and assessed value leave room for forced appreciation.nHold/Long-Term - Benefit from regional tourism spillover, infrastructure improvements, and broader Upstate NY market momentum.nnRisks/Considerations: Older