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162 Lock Street , Lockport, NY 14094

$235,000
  • 162 Lock Street , Lockport, NY 14094 Main Photo

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New to the Market Active
BEDS8 BATHS3 full SQUARE FEET3,489 MLS#B1677897
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONVillage/Lockport SCHOOLLockport

Property 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.

162 Lock Street | MLS# B1677897

This home located at 162 Lock Street , Lockport, NY 14094 is currently listed for sale with an asking price of $235,000. This property was built in 1890 and has 8 bedrooms and 3 full baths with 3489 sq. ft. Lock Street is located in the Village/Lockport subdivision within the Lockport school district. Search Village/Lockport real estate on www.mjpeterson.com today.

Property Features

Property Type: Residential -
Basement: CrawlSpace
Heating: Gas, Baseboard
Lot Size: 0.15 Acres
Stories: 2.0
Taxes: $5,336
Year Built: 1890

Feature Descriptions

Appliances: GasWaterHeater
Exterior: VinylSiding
Flooring: Hardwood, Laminate, Varies
Lot: Rectangular, RectangularLot
Lot Dimensions: 66X99
Parcel#: 290900-109-038-0002-051-000
Parking: Gravel
Parking Notes: Gravel
Units: 3
Utilities: SewerAvailable, WaterConnected
Water: Connected, Public

Local Schools

School District: Lockport

Listed By / Shown By

Listing By

Agency Name: Cilicia Realty LLC
Agency Phone: 716-472-3726

Shown By

Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234

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Estimated Payment

$ 1,036.22 per month $523.01 Principal & Interest $444.67 Property Tax $68.54 Homeowner's Insurance

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