$620,000
$750,000
17.3%For more information regarding the value of a property, please contact us for a free consultation.
8,032 SqFt
SOLD DATE : 04/14/2025
Key Details
Sold Price $620,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,032 sqft
Price per Sqft $77
Subdivision Holland Land Companys Lan
MLS Listing ID B1584712
Sold Date 04/14/25
Construction Status Existing
HOA Y/N No
Year Built 1986
Annual Tax Amount $11,908
Lot Size 0.620 Acres
Acres 0.62
Lot Dimensions 100X269
Property Description
Incredible value add opportunity to own a cash flowing 8 unit. Vinyl sided and in great condition. All 8 units have 2 generous sized bedrooms with 1 large bathroom in each. There are 4 units on each floor, all of them have the same layout with one of the units having a cathedral ceiling. 7 of 8 units currently rented with wonderful tenants. One unit left vacant for easy showing or potential owner occupant. Most units are under market rent, creating a huge opportunity for the new owner to cash flow immediately! Tenants pay utilities except for water, garbage. All 8 units are heated by electric baseboard heat and tenants pay the electric. Showings are allowed by appointment on Wednesday's and Saturday's at 2:00PM. Please note that this is also listed as a multifamily property- MLS B1580567.
Location
State NY
County Niagara
Community Holland Land Companys Lan
Area Lockport-Town-292600
Zoning R2
Rooms
Basement None
Interior
Heating Electric, Baseboard
Fireplace No
Exterior
Utilities Available Water Connected
Roof Type Other,See Remarks
Total Parking Spaces 5
Building
Lot Description Rectangular, Rectangular Lot
Story 2
Water Public
Level or Stories Two
Construction Status Existing
Schools
School District Lockport
Others
Tax ID 292600-138-000-0001-005-112
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with HUNT Real Estate Corporation
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michael.miceli@westlightrealestate.com
19 Mccracken Drive, Oswego, New York, 13126, USA