Listings

Listing
August 15, 2017
Our Team
August 21, 2017
195 Locust Street
Lockport, New York NY 14094
$2,069,500 Price
A-Active Status
Est. Monthly Payment: $8,887.62 See Details
49,777 Square Feet
2.760 Acres
B1062660 Listing ID
Vrp $1,599,500-2,069,500 includes 37-51 units w/no vacancies, cap rate of 9-13% Multiple sites: 317 Market historical site (First Bank of Lockport) beautiful apartments and views of the Erie Canal. 158 Chapel/attached to the rear of 317 Market and 154 Chapel/rehabbed two family that adjoins at the parking lot. 140 East Ave brick front bldg, many rehabbed apartments, newer townhouses, 1970. 195 Locust, brick/frame front bldg w/newer, 1980 1 bdrm loft apartments. 507 W Center, Medina, 14 units 1900's front bldg, carriage house, 2.5 car gar and 1978 townhouses, ML#: B1054853. This is the turn key opportunity with low vacancy history that you have been waiting for. Not included in the C of O are two possible units, call for details.
Schedule Showing Virtual Tour
Status A-Active
County Niagara
Year Built 1850
Property Type 5+ Unit Apartments
5+ Unit Apartments
Type Other - See Remarks
{"zipcode": "14094", "price": "2069500"}
Down Payment
Credit Score
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Loan Amount
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Primary Features

County: Niagara
Property Type: 5+ Unit Apartments
Year Built: 1850

External Features

Additional Exterior Features: Cable TV Available, Deck, Other - See Remarks
Driveway Description: Blacktop, Other - See Remarks
Exterior Construction: Aluminum/Steel, Brick and Frame, Other - See Remarks, Vinyl
Garage Spaces per Apartment: More Than 1 Space
Lot Dimensions Depth: 270
Lot Dimensions Frontage: 110
Lot Information: Neighborhood Street
Lot Shape: Rectangular
On Waterfront: no
Parking Spaces per Apartment: 3 Or More Spaces
Roof Description: Asphalt, Flat, Other - See Remarks
Sewer Description: Sewer Connected
Water Resources: Public Connected
Waterfront Description: Canal
Waterfront Name: Erie Canal

Interior Features

Additional Interior Features: Laundry-Common, Natural Woodwork - some, Other - See Remarks
Amenities Included: Coin Laundry, Other - See Remarks
Basement Description: Full, Partial, Slab
Floor Description: Ceramic-Some, Hardwood-Some, Laminate-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some
Heating Fuel Description: Electric, Gas, Other - See Remarks
HVAC Type: Baseboard, Hot Water, Multi-Zone, Programmable Thermostat
Kitchen Equipment Appliances Included: Other - See Remarks, Oven/Range Freestanding- Some, Refrigerator
Number of 1 Bedroom Apartment: 20
Number of 2 Bedroom Apartment: 21
Number of 3 Bedroom Apartment: 4
Number of Heating Units: 51
Number of Stories: 3.0000
Number of Studio Apartments: 6
Total Number of Apartments: 51

Additional

Street Suffix: Street
Type: Other - See Remarks
Water Heater Fuel: Electric, Gas, Other - See Remarks
Year Built Description: Existing

Location Information

Elementary School: Other - See Remarks
High School: Other - See Remarks
Middle School: Other - See Remarks
Nearest Cross Street: Main
School District: Lockport
Subdivision/Community/Complex: City/Lockport
Village: Not Applicable

Financial Details

City Village Tax: 27449
First Bedroomm Average Month Rent: 524
Gross Annual Income: 378054
Income expense Information: Provided By Owner
Operating Expenses Include: Other - See Remarks
Rent Includes: Other - See Remarks
School Tax: 40252
Second Bedroom Average Month Rent: 667
Studio Average Monthly Rent: 381
Third Bedroom Average Month Rent: 782
Total Taxes: 84905
Town/County Tax: 17204
Type of Sale: Normal
Value Range Pricing: no

Zoning Info


Listing courtesy of Hunt Real Estate ERA

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Gurney, Becker & Bourne Real Estate, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Gurney, Becker & Bourne Real Estate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2017 Central New York Information Service, Inc.. All rights reserved. Data last updated Monday, August 21st, 2017.

Contact - Listing ID B1062660

Gurney, Becker & Bourne Real Estate

560 Delaware Avenue Suite 200
Buffalo, NY 14202
Phone: 716-849-1234
Fax: 716-849-0407

Data services provided by IDX Broker
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