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    OFF-MARKET
    Apartment buildings

    110 Transit Rd, Lockport, NY 14094

    2,273 SF Built 1875
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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