Investor Alert! Brick four-unit with significant rental upside! Excellent opportunity to own a solid all brick four unit investment property in the Town of Lockport. Each unit offers an identical & desirable floor plan featuring 2 bedrooms, dining area, 1.5 baths, modern kitchen & modern bathrooms. Built in 1979, providing the added benefit of no lead-based paint concerns. Additional features include separate utilities , on-site coin-operated laundry, 2.5 car detached garage, patio, storage shed, blacktop driveway & ample off-street parking. The all-brick construction offers durability & low exterior maintenance, while the individual apartment layouts provide consistent and desirable rental units. Convenient Town of Lockport location near Transit Road, shopping, restaurants, schools, medical facilities, entertainment and major transportation routes. A compelling opportunity for the investor looking for existing income, solid brick construction and substantial rental-growth potential. The property is currently generating approximately $40,560.00 in annual rental income, while current market rents indicate the potential to achieve approximately $62,400 annually- an impressive $21,840 in additional gross annual rental income when the rents are brought to market. Several long-term tenants provide a strong foundation of rental history & stability. Increase the rents, increase the income and build long-term equity! Real Estate is about more than collecting rent-it's about building wealth, creating equity & owning an asset that can work for you for years to come. With separate income-producing units, current rental income and substantial room for future growth, this property gives an investor the opportunity to improve cash flow today while building long term equity for tomorrow.Opportunities to purchase a solid brick four-unit with this kind of upside don't come along everyday-this is one worth putting on your investment list. Secluded backyard with no rear neighbors. Spacious 2.5 car garage excellent storage & parking, complemented by a covered patio & open patio area. Storage shed provides convenient space for your riding lawnmower & other maintenance equipment.
4,304 Sq Ft
0.52 프라이빗 에이커스 롯트 크기
다세대 주택
US$537 월별 세금
Built in 1979
MLS/리스팅 ID B1704097
2 스토리
4 유닛
Heating - Electric
카펫
비닐
발코니
파티오
Cooling - Wall Units
Construction - Brick
Style - Fourplex
전기 온수기
Public Water
물
Community Sewer
열기
현관
Parking - Garage
Parking - Garage Door Opener
Parking - Paved
Lot - Near Public Transit
Lot - Rectangular Lot
공용 공간
Heating - Baseboard
The data relating to real estate for sale on this web site comes in part from New York State Alliance of MLS's: CNYIS, Inc., UNYREIS and WNYREIS. Real estate listings are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the website owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.