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.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
