Check Availability
$250,000
House - For Sale

566 3rd Street

Niagara Falls, NY 14301
bedrooms
8 Beds
bathrooms
5 Baths, 1 Half Bath
$1,408
Estimated Monthly
$0
HOA / Fees

About This Property

Introducing a once in a life time  real estate opportunity. Perfectly situated in the heart of future development and teeming with potential. This package of homes is your ticket to owning a piece of the future. Here's why it's the investment of a lifetime. Prime location with a million dollar view of the Niagara Gorge and Canadian skyline walking distance to Niagara Falls State Park surrounded by promising development projects. Highly profitable short term vacation rental.  85% completed totally rehab home gutted down to the 2 x 4 studs offering eight (8) bedrooms two full baths. Unparalleled views of the Canadian skyline, day and night. Don't miss out on this unique opportunity to be at the center of a transformative journey. Embrace the future and be a visionary who turns this property into  shining success. This is a perfect opportunity for an Investor with an eye for long term gains. Being sold as part of a package with four (4) properties in a row plus a vacant lot for plenty of off Street parking. More opportunities available just across the Street as well.
Unit Size
-
Days on Market
174 days
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1936
Listed By
Louis Rizzo
Howard Hanna WNY Inc.
Last updated: 20 days ago (NYSAMLS #B1508859)

Price History

Date / Event Date Event Price
Apr 11, 2024 Relisted $250,000
Relisted
Feb 8, 2024 In contract -
In contract
Nov 8, 2023 Listed by Howard Hanna WNY Inc. $250,000
Listed by Howard Hanna WNY Inc.
Jan 27, 2023 Sold $54,500
Sold
May 4, 2022 Sold $27,500
Sold

Property Highlights

Air Conditioning
Parking Details
Parking Features: No Garage
Interior Details

Bedroom Information

Bedrooms: 8
Bedrooms on Main Level: 3

Bathroom Information

Full Bathrooms: 4
Half Bathrooms: 1
Bathrooms on Main Level: 3

Interior Information

Interior Features: Separate Formal Dining Room, Eatin Kitchen, Separate Formal Living Room, Bedroomon Main Level
Appliances: Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Range Hood
Flooring Type: Laminate, Varies

Room Information

Rooms: 10

Basement Information

Has Basement
Full

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 1,132
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 330
  • Total Building Area: 3,195
  • Gross Building Area: 3,195
  • Building Area: 3,195
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,327
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.1
  • Legal Description 1: TM 18 BL I LOT S.PT. 81 220

Ownership

  • Current Owner : NIAGARA WANDERLUSTING INC
  • Previous Owner : CITY OF NIAGARA FALLS
  • Owner Before Previous Owner: DEDOMENICO FRANCIS D
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Niagara Falls City School District
  • School Tax School District: NIAGARA FALLS
  • Census Tract: 021100

Zoning

  • Zoning: D2-B

Geography

  • Account Number: 07/0363.
  • District: 291100
  • Section: 159.21
  • Parcel: 291100 159.21-1-60
  • Block: 1
  • Lot: 60.000
  • Municipality: NIAGARA FALLS
  • Latitude: 43.0925
  • Longitude: -79.0598

    Address

  • Full Address: 566 3rd St
  • Address - House Number: 566
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: NY
  • City Name: Niagara Falls
  • Carrier Code: C055
  • 4-Digit Zip Code: 1099
  • Zip Code: 14301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $917
  • Tax Rate Code Area: 291100

    Appraisal Valuation

  • Standard Deviation: 0.459
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 8
  • Final Value: 606,430
  • High Value: 884,810
  • Low Value: 328,049

    Market Valuation

  • Market Total Value: $58,500
  • Market Land Value: $9,997
  • Market Improvement Value: $48,503

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,600
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $26,200

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Transaction ID: 11901525115
  • Current Sale Price: $54,500
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 1370
  • Previous Sale Recording Date: May 04, 2022
  • Previous Sale Contract Date: May 01, 2022
  • Previous Sale Amount: $27,500
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
-
$265,000 Sep 13, 2022
$265,000 Dec 20, 2022
$277/mo
House
4 Beds
3 Baths
-
$230,000 Apr 18, 2023
$230,000 Jul 14, 2023
$282/mo
Condo
2 Beds
2 Baths
-
$220,000 Sep 19, 2022
$220,000 Nov 23, 2022
$834/mo
Condo
2 Beds
2 Baths
-
$217,500 Apr 25, 2023
$217,500 Jun 12, 2023
$872/mo
House
4 Beds
2 Baths
-
$239,900 Feb 27, 2024
-
$207/mo
House
4 Beds
2 Baths
-
$225,000 Feb 16, 2024
-
$155/mo
In Contract
Multifamily
4 Beds
3 Baths
-
$204,900 Sep 20, 2023
-
$147/mo

About East Side


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Frequently Asked Questions

When was property at 566 3rd Street built and last sold?
The property at 566 3rd Street was built in 1936 and last sold on Jan 13, 2023 for $54,500.
How much is this home worth?
The estimated value of the home located at 566 3rd Street is $252,500.
What are some comparable homes to 566 3rd Street?
Homes that are comparable to 566 3rd Street include a house property at 728 Park Place, 1404 Byrd Avenue, 151 Buffalo Avenue.

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