What an investment opportunity! This two-unit 4,322 square foot multi-family home is located in the Lockport Central School District. This property has had been in one family for multiple generations. During that time a number of important mechanical features have been updated including the roof, electrical, plumbing, and boiler. Unit 1 is currently rented for $550 but could be rented for $1,000 - $1,200 per month given the size and layout of the unit. Unit 2 is currently vacant but was going to be rented recently for $800 a month. That’s $2,000 a month or $24,000 annually. Perhaps you’ve always needed an apartment for extended family. Or consider having your tenant pay your mortgage for you.
Directions
Turn left at end of I-990 onto Millersport Highway. Turn left onto South Transit Road. Turn right onto High Street in Lockport. Turn left onto Waterman Street, house is on right hand side towards end of street.
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