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    247 Lock St Lockport, NY 14094

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    For Sale
    $199,000

    Well-maintained, fully occupied three-unit property in Lockport, NY.

    Lot size:
    0.19 Acres

    Property Features for 247 Lock St

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1900

    Source: Towne Housing Real Estate Agent Paul Buttenhoff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lockport Triplex with Updated Interiors

    Located in Lockport, NY, 247 Lock Street is a well-maintained three-unit property constructed in 1900. The building offers 2,192 square feet of living space on a 0.19-acre lot. Each of the three units is separately metered and currently fully occupied. The property includes updated interiors, a garage, and off-street parking. A first-floor laundry room is also available. The property is situated a few blocks from downtown Lockport, with access to restaurants, cafes, and boutique shops.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Niagara
    State
    New York
    Longitude
    -78.6928757
    Latitude
    43.1780483

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    FAQs

    What type of property is this?
    Triplex - Well-maintained, fully occupied three-unit property in Lockport, NY.
    Where is this triplex located?
    The property is located at 247 Lock St Lockport, NY.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Income-producing property with 3 fully occupied units; - Updated interiors in all 3 units; - Convenient location just blocks from downtown Lockport's restaurants, cafes, and shops
    (646) 377-1087
    Request Owner's contact information
    247 Lock St Lockport, NY 14094
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    247 Lock St Lockport, NY 14094
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