162 Lock Street

Lockport City, NY 14094
Beds
8
Baths
3
Square Ft.
3,489
$235,000
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 capitalRead MoreRead Less
Courtesy of Cilicia Realty LLC, Edward Shvartsberg, 716-472-3726.
Listing Snapshot
Days Online
5
Last Updated
Property Type
MultiFamily
Beds
8
Full Baths
3
Square Ft.
3,489
Lot Size
0.15 Acres
Year Built
1890
MLS Number
B1677897
Property Location Map
Additional Details
Property Access
Frontage Type: MainThoroughfare
Appliances & Equipment
GasWaterHeater
Basement
CrawlSpace
Building
Built in 1890, Year Built Details: Existing, Living area: 3489.0, 2 stories, Levels: Two, Construction Materials: VinylSiding
Community
3 units in community
Floors
Hardwood, Laminate, Varies
Heating
Gas, Baseboard
Lot
0.15 acres, Dimensions: 66X99, Rectangular, RectangularLot
Owner Pays
Water
Parking
Gravel
Property
Resale
Taxes
Parcel Number: 290900-109-038-0002-051-000, Annual Amount: $5,336, Assessed Value: $159,000, Lot: 51
Utilities
SewerAvailable, WaterConnected, Water Source: Connected, Public, 3 separate electric meters, 3 separate gas meters
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