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Excellent investment opportunity in the City of Lockport! This well-maintained 5-unit multi-family property is a valuable addition to any investor's portfolio. Featuring three 1-bedroom apartments and two studio units, the property offers a strong unit mix with consistent rental appeal. Conveniently located near local shopping, dining, and everyday amenities, tenants will appreciate the accessibility and convenience of city living. This income-producing property also includes existing framework for a potential sixth unit, creating an opportunity for additional cash flow with estimated rental income of approximately $800 per month. Current gross monthly rents total $3,725, with contracted increases bringing monthly income to $4,020 by Spring 2026. Whether you're a seasoned investor or looking to break into multi-family ownership, this property offers both immediate income and future upside potential.
| DAYS ON MARKET | 1 | LAST UPDATED | 5/15/2026 |
|---|---|---|---|
| TRACT | Lockport | YEAR BUILT | 1880 |
| COMMUNITY | Lockport-City-290900 | COUNTY | Niagara |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| APPLIANCES | Free-Standing Range, Gas Water Heater, Oven, Refrigerator |
|---|---|
| AREA | Lockport-City-290900 |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Other, Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| HOA DUES | Other |
| INTERIOR | High Speed Internet |
| LOT | 3920 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 48X82 |
| PARKING | None, No Garage |
| STORIES | 2 |
| SUBDIVISION | Lockport |
| TAXES | 4201 |
| UTILITIES | Cable Available, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Mark F Zambito, Berkshire Hathaway Homeservices Zambito Realtors, 585-576-3435
Listing data courtesy of the Internet Data Exchange (IDX) Program of CNYIS and the Adirondack Champlain Valley Multiple Listing Service.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information deemed reliable but not guaranteed
This IDX solution is (c) Diverse Solutions 2026.
