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Listed price in listed location currency (USD).
$235,000

830

MLS® B1677897

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 3489 sqft
Garage 
Taxes $5,336
Days Active 2
Lot Size 
Approx. Age 1890
Avg. Price Per Sqft $67
MLS® Number B1677897

Property Address: 162 Lock St, Lockport, NY, 14094-2229

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberB1677897
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1890
BasementCrawl Space
DrivewayGravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 6, 2026List Date
$235,000List Price
  • Commute

Commute

Starting Address
Destination Address
162 Lock St, Lockport, NY

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