Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    271 Locust St Lockport, NY 14094

    For Sale
    $219,900

    Four-unit building in Lockport with recent updates and income potential.

    Lot size:
    0.13 Acres

    Property Features for 271 Locust St

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1880

    Source: Irish Jones Realty Agent Earl M Altheide

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

    Overview

    Lockport Four-Unit Investment Opportunity

    Located in Lockport, this four-unit building presents an investment opportunity. The property contains a spacious common hallway and a functional layout. The unit mix includes a large studio, two one-bedroom apartments, and one two-bedroom apartment. Updates include 16 new windows, new tub surround and plumbing in Unit 3, modern light fixtures, paint, refreshed countertops, and new flooring throughout. The rear hallway provides access to a full attic with an unfinished additional unit and a furnace already in place. Each unit has its own furnace and hot water tank.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -78.6867494
    Latitude
    43.1632456

    Nearby Similar for Sale

    • $1,050,000
      32,716 SF

      Lockport Development Opportunity

      Three properties for adaptive reuse near Erie Canal and Flight of Five.
      100 Genesee St, Lockport, NY 14094
      View Details
    • $170,000
      Pending

      Lockport Two-Unit Income Property

      Two-unit property in Lockport with rental income and garage.
      400 Pine St, Lockport, NY 14094
      View Details
    • $199,900
      Pending

      Charming Lockport Two-Family Home

      Two-family home with large yard and garage in Lockport.
      152 Elmwood Ave, Lockport, NY 14094
      View Details
    • $364,900
      Pending

      Immaculate Duplex in Rural Setting

      Well-maintained duplex with modern upgrades and income potential in Lockport, NY.
      6181 Old Beattie Rd, Lockport, NY 14094
      View Details
    • $145,000
      Pending

      Lockport Multi-Family Home with Updates

      Multi-family home in Lockport with updated units and ample space.
      107 Spalding St, Lockport, NY 14094
      View Details
    • $45,000
      2,208 SF

      Lockport Multifamily Renovation Opportunity

      Multifamily property in Lockport, NY, ideal for renovation.
      87 Locust Street Ext, Lockport, NY 14094
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit building in Lockport with recent updates and income potential.
    Where is this quadplex located?
    The property is located at 271 Locust St Lockport, NY.
    What is the asking price?
    The asking price for this property is $219,900.
    What are key features of this property?
    This property features: - Four-unit building ideal for investors or owner-occupants seeking rental income.; - Potential for added value by finishing the additional unit in the full attic, with a furnace already in place.; - Each unit has its own furnace and hot water tank.
    (716) 901-1518
    Request Owner's contact information
    271 Locust St Lockport, NY 14094
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    271 Locust St
    Lockport, NY 14094
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    271 Locust St Lockport, NY 14094
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.