63 Webb St, Lockport, NY 14094

Description

Buy, rent the front unit, and live in the back unit for ~$400/month. This home is cheaper to own than rent!

Rare front/rear duplex configuration offers true separation between units — unlike a typical up/down layout, this 2,268 square feet property features a front unit and a rear unit, each with private entry and minimal shared space. Front unit: 3BR/1.5BA, two stories, with original front railing/banister and soaring ceiling that feels elegant, and has in-unit laundry. Rear unit: 2BR/1BA, also two stories, with first-floor laundry.

Separate gas and electric for each unit (forced air heat, separate hot water), circuit breaker panels, one shared water meter. Plumbing updates include copper supply lines and partial PVC waste line upgrades alongside original cast iron. Full basement with limestone foundation; scuttle attic access via front unit; sump pump included.

Sits on an oversized double lot thats 50' x 146.33' (0.17 acre) with blacktop driveway and detached 2-car garage. Front unit is vacant and move-in ready; rear unit has a long-term tenant in place.

At full market rents ($1,400 front / $1,200 rear), gross potential income is $31,200/year, with roughly $20,000 in net operating income (including expense allocation for vacancy + collection loss, repairs and maintenance, and property management). Live in one unit and let the tenant significantly offset your housing cost or enjoy a cash-flowing, income-producing property in Niagara County.