6335 Robinson Road , Lockport, NY 14094

New - 11 Hours Ago
View Full Photo Gallery

Property Description

Investor Alert! Brick four-unit with significant rental upside! Excellent opportunity to own a solid all brick four unit investment property in the Town of Lockport. Each unit offers an identical & desirable floor plan featuring 2 bedrooms, dining area, 1.5 baths, modern kitchen & modern bathrooms. Built in 1979, providing the added benefit of no lead-based paint concerns. Additional features include separate utilities , on-site coin-operated laundry, 2.5 car detached garage, patio, storage shed, blacktop driveway & ample off-street parking. The all-brick construction offers durability & low exterior maintenance, while the individual apartment layouts provide consistent and desirable rental units. Convenient Town of Lockport location near Transit Road, shopping, restaurants, schools, medical facilities, entertainment and major transportation routes. A compelling opportunity for the investor looking for existing income, solid brick construction and substantial rental-growth potential. The property is currently generating approximately $40,560.00 in annual rental income, while current market rents indicate the potential to achieve approximately $62,400 annually- an impressive $21,840 in additional gross annual rental income when the rents are brought to market. Several long-term tenants provide a strong foundation of rental history & stability. Increase the rents, increase the income and build long-term equity! Real Estate is about more than collecting rent-it's about building wealth, creating equity & owning an asset that can work for you for years to come. With separate income-producing units, current rental income and substantial room for future growth, this property gives an investor the opportunity to improve cash flow today while building long term equity for tomorrow.Opportunities to purchase a solid brick four-unit with this kind of upside don't come along everyday-this is one worth putting on your investment list. Secluded backyard with no rear neighbors. Spacious 2.5 car garage excellent storage & parking, complemented by a covered patio & open patio area. Storage shed provides convenient space for your riding lawnmower & other maintenance equipment.

6335 Robinson Road | MLS# B1704097

This home located at 6335 Robinson Road , Lockport, NY 14094 is currently listed for sale with an asking price of $399,900. This property was built in 1979 and has 8 bedrooms and 4 full and 4 partial baths with 4304 sq. ft. Robinson Road is located within the Lockport school district. Search Lockport real estate on www.coldwellbankerprime.com today.

Gallery

Property Features

Property Type: Residential - Multiple
Basement: Partial
Cooling: WallUnits
Garage: 2.5
Heating: Baseboard, Electric
Home Style: Fourplex
Lot Size: 0.52 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $6,439
Year Built: 1979

Amenities

Balcony
Patio

Feature Descriptions

Appliances: ElectricWaterHeater
Exterior: Brick
Flooring: Carpet, Varies, Vinyl
Laundry: CommonArea
Lot: NearPublicTransit, Rectangular, RectangularLot
Lot Dimensions: 84X265
Parcel#: 292600-138-000-0001-054-000
Parking: Garage, Paved, GarageDoorOpener
Parking Notes: Garage, Paved, GarageDoorOpener
Patio/Porch: Balcony, Open, Patio, Porch
Sewer: Connected
Units: 4
Utilities: CableAvailable, ElectricityConnected, SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

High School: Lockport High
Middle School: North Park Middle
Elementary School: George Southard Elementary
School District: Lockport

Estimate Your Payment

Estimated Payment

$ 1,543.22 per month $890.00 Principal & Interest $536.58 Property Tax $116.64 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna WNY Inc.
Agency Contact: 716-691-5800

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

IDX logo

Login to My Homefinder