• Status Sold
  • Sale Price $365,000
  • Bed 8 Beds
  • Bath 4 Baths
  • Location Lockport

GREAT INVESTMENT WITH CAP RATE OF 10.41% AND MULTIPLE RENTAL UNITS ON THIS PROPERTY!! ALL UNITS ARE RENTED. PROPERTY FEATURES A COMPLETELY UPDATED SINGLE FAMILY HOME SITUATED ON THE FRONT OF THE PROPERTY FEATURING 3 LARGE BEDROOMS WITH 1 ON THE MAIN LEVEL. THE MASTER BEDROOM HAS A FULL BATHROOM WITH A WALK-IN SHOWER AND A WALK-IN CLOSET. THE 2 FLAT APARTMENT BUILDING HAS A LOWER UNIT FEATURING 3 BEDROOMS AND 1 BATHROOM, AND AN UPPER UNIT WITH 2 BEDROOMS AND ONE BATHROOM. BOTH UNITS HAVE IN UNIT LAUNDRY AND A BALCONY FOR OUTSIDE SITTING. THERE IS A LARGE 3 CAR GARAGE (ALL 3 GARAGES RENTED SEPARATELY) AND A 1600 SQ FT STORAGE GARAGE. GARAGES AND STORAGE UNIT RENTAL AMOUNT $8400 A YEAR. TOTAL FOR ALL UNITS RENTED $41,400.00 A YEAR WITH A CAP RATE OF 10.27%. FIVE SEPARATE MONTHLY RENTAL INCOMES!! ALL NEW ROOFS, NEWER HVAC SYSTEMS, NEW LANDSCAPING, LOTS OF PARKING AND MUCH MORE! LANDLORD CURRENTLY LIVES ON PREMISSES. CALL TODAY FOR ADDITIONAL INFORMATION!

General Info

  • List Price $359,900
  • Sale Price $365,000
  • Bed 8 Beds
  • Bath 4 Baths
  • Taxes $4,496
  • Market Time 6 days
  • Year Built Not provided
  • Square Feet Not provided
  • Assessments Not provided
  • Assessments Include Not provided
  • Listed by
  • Source MRED as distributed by MLS GRID

Rooms

  • Total Rooms 15
  • Bedrooms 8 Beds
  • Bathrooms 4 Baths

Features

  • Heat Gas, Electric, Forced Air
  • Air Conditioning Not provided
  • Appliances Not provided
  • Amenities Curbs/Gutters, Sidewalks, Street Lights, Street Paved
  • Parking Garage
  • Age Unknown
  • Exterior Frame,Concrete