UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,274 sqft
Price per Sqft $44
Subdivision Lockport
MLS Listing ID B1681903
Bedrooms 3
Construction Status Existing
HOA Y/N No
Year Built 1880
Annual Tax Amount $4,201
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 48X82
Property Sub-Type Other
Property Description
This income-producing property also includes existing framework for a potential sixth unit, creating an opportunity for additional cash flow with estimated rental income of approximately $800 per month. Current gross monthly rents total $3,725, with contracted increases bringing monthly income to $4,020 by Spring 2026. Whether you're a seasoned investor or looking to break into multi-family ownership, this property offers both immediate income and future upside potential.
Location
State NY
County Niagara
Community Lockport
Area Lockport-City-290900
Direction Walnut to Pine St. Property is just before the corner on Pine and Genesee
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Laminate, Varies, Vinyl
Fireplace No
Appliance Free-Standing Range, Gas Water Heater, Oven, Refrigerator
Exterior
Exterior Feature See Remarks
Community Features None
Utilities Available Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Asphalt
Porch Open, Porch
Garage No
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Other,Vinyl Siding
Construction Status Existing
Schools
School District Lockport
Others
Senior Community No
Tax ID 290900-109-013-0003-017-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Nearby Locations
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