Property profile

110 Transit Rd Lockport, NY 14094

OFF-MARKET
Apartment buildings
2,273 SF Built 1875
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Apartment buildings
Year built 1875
Total area 2,273 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

110 Transit Rd Lockport, NY 14094
Lockport metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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