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Duplex with 2023 Roof Replacement

46 Spalding Street, Lockport, NY 14094

For Sale
New
$89,000

The upper apartment has a long-term renter, while the lower unit needs work before it can be leased.

Property Size2,411 SF
Price / SF$36.91
Days on Market2

Property Features for 46 Spalding Street

General Information

Standard status Active
Size 2,411 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence in need of TLC, cleaning, cosmetic work, and appliances

Additional Details

Multifamily Units 2
Tenant in Place Yes

Building Details

Year Built 1900
Listing Agency: Listwithfreedom.com
Listed By: Ralph Harvey · License NY #55525
Source: 716realtygroup
Added: Nov 12 Last Checked: Nov 12 at 2:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Listwithfreedom.com

Rey
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Investment Insights

Based on property information with market context.

This 2,411-square-foot duplex was built in 1900 and has two residential units. The upper apartment is occupied by a long-term tenant with a record of rent payments. The lower apartment needs cleaning, cosmetic repairs, and appliances before it is ready for a tenant.

A roof replacement was completed in 2023 and carries a 10-year warranty.

Key Highlights

  • 2,411‑square‑foot duplex built in 1900
  • Upper‑floor unit occupied by a long‑term tenant with a record of rent payments
  • Lower unit needs cleaning, cosmetic work, and appliances before rental

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

896
Businesses Nearby

Demographics for 14094, NY

50,969
Population
23,283
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
121.7 sq mi
ZIP Area
419
Density / Sq Mi
$73,354
Median Household Income
$45,056
Median Earnings
$869
Median Rent
$186,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Lockport, NY

$103 Jul
$98.56 Aug
$114 Sep
$81.6 Oct

Properties on Market for Duplexes in Lockport

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The upper apartment has a long-term renter, while the lower unit needs work before it can be leased.
Where is this duplex located?
The property is located at 46 Spalding Street Lockport, NY.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: 2,411‑square‑foot duplex built in 1900; Upper‑floor unit occupied by a long‑term tenant with a record of rent payments; Lower unit needs cleaning, cosmetic work, and appliances before rental
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