110 Transit Rd, Lockport, NY 14094
This charming two-unit apartment building, located at 110 S Transit Rd in Lockport, NY, presents a compelling investment opportunity. Built in 1875, this property boasts a total of 2,273 square feet across two stories and sits on a highly visible corner lot at the southeast intersection of S Transit Road and High Street. The building consists of one building with two separate apartments. The first floor features a spacious three-bedroom apartment, while the second floor offers a one-bedroom unit. This owner-user investment is priced at $229,000. The property's location in Niagara County, NY, zip code 14094 (latitude 43.1867083, longitude -78.6968497), offers excellent access to local amenities and transportation. The property's age suggests potential for renovation and value enhancement, making it an attractive prospect for both seasoned investors and those seeking a hands-on approach to real estate ownership. This is a rare opportunity to acquire a well-situated multifamily property in a desirable Lockport neighborhood. The building's layout provides flexibility for owner occupancy or rental income generation. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.