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Fully leased 3-unit investment property delivering approximately a 12% CAP rate, priced at just $74 per square foot. All units are currently tenant-occupied, ensuring immediate and consistent cash flow. Recent capital improvements include a newer roof and gutters, a new staircase to the second floor, updated hot water tanks, and a full renovation of the largest unit completed in 2023"”minimizing near-term maintenance costs. Each unit features separate utilities, streamlining management and expense control. All appliances are included in the sale. Located in a highly accessible area with close proximity to shops, restaurants, and public transportation, and near the newer Cornerstone Ice Hockey Stadium Arena"”supporting strong rental demand. Available as a standalone purchase or as part of a package with the neighboring property at 162 Lock Street, offering added scale and investment opportunity.
| DAYS ON MARKET | 1 | LAST UPDATED | 5/5/2026 |
|---|---|---|---|
| TRACT | Township 14 Range Vlg/Loc | YEAR BUILT | 1870 |
| COMMUNITY | Lockport-City-290900 | COUNTY | Niagara |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| APPLIANCES | Electric Water Heater, Gas Water Heater |
|---|---|
| AREA | Lockport-City-290900 |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Baseboard, Natural Gas |
| HOA DUES | Multi Family |
| LOT | 3049 sq ft |
| LOT DESCRIPTION | Corner Lot, Rectangular Lot |
| LOT DIMENSIONS | 56X52 |
| PARKING | Gravel |
| STORIES | 2 |
| SUBDIVISION | Township 14 Range Vlg/Loc |
| TAXES | 2683 |
| UTILITIES | Sewer Available, Water Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Edward Shvartsberg, Cilicia Realty LLC
Listing data courtesy of the Internet Data Exchange (IDX) Program of CNYIS and the Adirondack Champlain Valley Multiple Listing Service.
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Listing information deemed reliable but not guaranteed
This IDX solution is (c) Diverse Solutions 2026.
