185 High Street Lockport-City NY 14094 | B1459933

Attention investors! Opportunities like this don’t come around often. This 5 unit building in the City of Lockport has been well maintained by the current owner and would bring an incredible return on your investment. There are 2 two bedroom units, 1 one bedroom and 2 studio apartments. 4 out of the 5 units are currently rented month to month and the rents are as follows:$975,$850,$495,$575. The vacant studio apartment was rented for $550. The main building has all separate utilities besides water. Updates include a newer garage roof, gutters, painted exterior, some cabinets and flooring. Aesthetically pleasing exterior, 3 car garage and abundance of parking spaces. Oversized lot. Make an appointment to see this turn key investment today!

Property Details

Price:
$239,900
MLS #:
B1459933
Status:
Active
Beds:
3
Baths:
0.00
Address:
185 High Street
Type:
Commercial
City:
Lockport-City
Listed Date:
Mar 15, 2023
State:
NY
Square Ft (approx):
4,915
ZIP:
14094
Lot Size:
24,394 sqft / 0.56 acres (approx)
Year Built:
1860

Schools

School District:
Lockport

Interior

Appliances
Gas Water Heater, See Remarks
Flooring
Carpet, Hardwood, Varies
Heating
Gas, Radiant, Wall Furnace

Exterior

Construction Materials
Brick, Copper Plumbing
Exterior Features
Blacktop Driveway
Parking Features
One Space, Driveway
Roof
Shingle

Financial

Buyer Agent Compensation
3%
Net Operating Income
$-7,104
Taxes
$7,104

Map

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