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Street View
$235,000
Monthly Est:$1,170
8 Beds
3 Baths3 full baths
3,489sqft
162 Lock St, Lockport, NY 14094
$235,000
$1,170/moEst:
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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 appeal. This property is available as a standalone purchase or can be acquired as part of a package with the adjacent property at 98 Washington Street, offering additional scale and investment potential.
- Houzeo last checked: 11 minutes ago
- Listing updated: October 2, 2026 at 5:42 pm
- 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
Pending
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
Pending
Days on Market
184
Cumulative Days on Market
150
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 3
Interior
Flooring
Hardwood, Laminate, Varies
Heating
Gas, Baseboard
Appliances
Gas Water Heater
Construction
Year Built
Year Built: 1890
Home type
Multi Family
Property Condition
Resale
Construction Materials
Vinyl Siding
Utilities & Energy
Water Source
Connected, Public
Utilities
Sewer Available, Water Connected
Basement
Crawl Space
Parking Features
Gravel
Other Features
Subdivision Name
Village/lockport
Lot Features
Rectangular, Rectangular Lot
Price History
| Date | Event | Price |
|---|---|---|
10/02/2026 Source: | Pending | $235,000 $70/sqft |
10/02/2026 Source: | Off Market | $235,000 $70/sqft |
05/05/2026 Source: | Listed for Sale | $235,000 +51.61% $70/sqft |
11/14/2024 Source: | Price Decreased | $155,000 -13.84% $46/sqft |
11/14/2024 Source: | Price Increased | $179,900 +33.26% $53/sqft |
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Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Nov 06, 2026, 03:00AM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.
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