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Do Real Estate on the Go!
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$235,000
8 Beds
3 Baths3 full baths
3,489sqft
162 Lock St, Lockport City, NY 14094
$235,000
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Multi Family
Built in 1890
$-- HOA
0.15 acre lot
$67/sq.ft
Description
Fully leased 3-unit investment property offering approximately an 11% CAP rate, priced at just $67 per square foot. All units are tenant-occupied, providing immediate and stable income from day one. The largest unit has been fully renovated (2024–2025), and the exterior electrical system was updated in 2025, reducing near-term capital expenditure concerns. Each unit features separate utilities, adding efficiency for both ownership and tenant management. All appliances are included in the sale. Ideally located with convenient access to local shops, dining, and public transportation, and situated near the newer Cornerstone Ice Hockey Stadium Arena—enhancing long-term rental...
Continue Reading- Houzeo last checked: 57 Minutes ago
- Listing updated: May 6, 2026 at 1:37 am
- Listing Provided by: Edward Shvartsberg (716) 472-3726 DRE #10491213075 | Cilicia Realty LLC (716) 472-3726
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: B1677897
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1890
HOA Fees
-
Finished Area
3,489 sqft
Lot Size
0.15 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
B1677897
MLS Status
Active
Days on Market
32
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
