189 Genesee Street, Lockport City, NY 14094

Property Description

Owner is willing to hold with a healthy down payment and a 3-5 year balloon! Perfect for a DSCR loan! Are you a current landlord and want to add these money-making units to your portfolio or are you someone who wants to start your investment journey? 6 properties, 13 doors Lockport investor package available at 80K per unit! Total of 27 bedrooms and 14.5 bathrooms! Units are fully rented, most are leased, some are month to month. Package includes the following: 2 triplexes, 3 duplexes, 1 single family all updated units and 1 V/L. Gross rental income is approximately 131+K/year! Over 300K+ in improvements in the last 3 years. A list of improvements for all units is in the attachments. Properties collectively appraised for 852K BEFORE any improvements! Sale includes the following Lockport properties: 189 Genesee St, 95 N Transit St, 351 Gooding St, 151 Gooding St, 126 Gooding St, 223 Church St and V/L 341 Gooding St. Preapproved buyers only.