2305 Lockport Rd - Multi-Family FOR SALE


Sanborn, NY 14132
$350,000 USD
716-774-8486
2305 Lockport Rd, Sanborn, NY for Sale
$350,000 USD
Multi-Family - FOR SALE
1/7
null | Request Cap Rate

2305 Lockport Rd
Sanborn, NY 14132


OVERVIEW

Sky's the limit with this one! 2305 Lockport Rd is a solid 2-story home, currently assessed & utilized as a 2-family, sitting in a C-1 Commercial district, with the opportunity to easily be utilized as a 5 bed 2.5 bath single! Not to mention the full, finished, walk-out basement that provides 1,200 additional sq ft. Just add a full bath and kitchenette down there, and you'll have a three unit building! First floor apartment includes formal living & dining rooms, kitchen, 3 bedrooms, 1 full bathroom , and 1 half bath. Second floor apartment with separate entrance includes full bath, two bedrooms, living room, & kitchen. Both apartments have access to the attached two car garage which includes large utility/laundry room for the second floor apartment's use. Basement has another large utility/laundry room exclusively for the lower tenant, four finished rooms, and two exterior exits! Tons of off street parking in the extra long and wide driveway for nine + vehicles. The private, park-like, partially fenced yard faces Cayuga Creek - no rear neighbors! Large shed with 1-car overhead door provides for extra storage. Parcel is just over three-quarter acre. Newer roof. It's a must see! Outstanding tenants wish to stay! Lower is rented through August 2026 for $1,620 per month and upper is rented for $1,200, month to month. Published square footage differs from the tax records and is based on listing agent's measurements of first floor, second floor, and half of the finished areas of the basement. Wheatfield Schools!

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$150 USD /SF

# OF UNITS

2

PRICE/UNIT

$175,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C-1 Commercial district

APN/PARCEL ID

294000-133-000-0001-032-000

ASK ABOUT THIS PROPERTY

Carmen LaurendiHoward Hanna Real Estate ServicesMore Info
716-774-8486

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Carmen LaurendiHoward Hanna Real Estate ServicesMore Info
716-774-8486

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.