162 Lock Street, Lockport, NY 14094

Lockport
Local realty services provided by:ERA Team VP Real Estate
162 Lock Street,Lockport, NY 14094
$235,000
  • 8 Beds
  • 3 Baths
  • 3,489 sq. ft.
  • Multi-family
  • Pending
Listed by: edward shvartsberg
Office: cilicia realty llc.
MLS#:B1677897
Source:NY_GENRIS

Price summary

  • Price:$235,000
  • Price per sq. ft.:$67.35

About this home

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.

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Home facts

  • Year built:1890
  • Subdivision & Development:Village/Lockport
  • Listing ID #:B1677897
  • Added:150 day(s) ago
  • Updated:October 03, 2026 at 08:27 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Hardwood, Laminate, Varies
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:3,489 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas

Structure and exterior

  • Year built:1890
  • Building area:3,489 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Rectangular
  • Construction Materials:Vinyl Siding
  • Levels:2 Stories

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$235,000
  • Price per sq. ft.:$67.35
  • Tax amount:$5,336

Parking

  • Parking description:Gravel Driveway

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