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a Charlotteville Realty Team

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607-282-6242kevin@homesfarmsandland.com

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Property at 162 Lock Street, Lockport City, NY 14094
ACTIVE
0
$235,000

162 Lock StreetLockport City, NY, 14094

8 Beds3 Baths3,489 SqFt0.15 Acres
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.
1 / 41

Est. Monthly

$1,114/mo

$235,000

162 Lock Street, Lockport City, NY

8 Beds3 Baths3,489 SqFt0.15 Acres

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.

StatusActive
Property TypeResidential
Property SubtypeMulti Family
Year Built1890
Days on Market22 days

Est. Monthly Payment

$1,113.89

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

162 Lock Street

Lockport City, NY 14094 • Niagara
8
Beds
3
Baths
3,489
SqFt
0.15
Acres
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Year Built
1890136 years ago
Days on Market
22 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $5,336
Property History
  • Listed for sale
    May 5, 2026 • NYSAMLS • B1677897
    $235,000
Mortgage Calculator
Estimated monthly payment for this property
$1,113.89
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    B1677897
  • Listing Office
    Cilicia Realty LLC
  • Last Updated
    21 days ago

Appliances

  • Appliances
    Gas Water Heater

Climate & Systems

  • Heating
    • Gas
    • Baseboard

Interior Features

  • Flooring
    • Hardwood
    • Laminate
    • Varies
  • Basement
    Crawl Space

Parking

  • Parking Features
    Gravel

Lot & Grounds

  • Lot Size
    0.15 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family

Structure

  • Construction
    Vinyl Siding

Condition

  • Year Built
    1890
  • Condition
    Resale
  • Days on Market
    22 days
  • Water
    Connected
  • Sewer
    None
  • Utilities
    • Sewer Available
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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