6293 Robinson Rd - Apartments FOR SALE


Lockport, NY 14094
$950,000 USD
716-465-2011
6293 Robinson Rd, Lockport, NY for Sale
$950,000 USD
Apartments - FOR SALE
1/36
null | Request Cap Rate

6293 Robinson Rd
Lockport, NY 14094


HIGHLIGHTS

  • Comprehensive 2023 renovation including new roof, windows, kitchens with quartz countertops, and bathrooms with updated finishes.
  • Fully leased six-unit property with long-term tenants and strong payment history, offering immediate income stability.
  • All-electric building with seven separate meters and modern upgrades such as new electric radiators, A/C units, and enhanced sound insulation.
  • Income-generating amenities including a 12-space private parking lot and newly installed commercial coin-operated laundry equipment.
  • Enhanced security and convenience featuring front and rear camera systems, secure tenant mailboxes, and professional property maintenance.
  • Optional professional property management available post-closing, allowing for a completely hands-off ownership experience.

OVERVIEW

Fully renovated, fully occupied, turnkey 6-unit brick multifamily with a comprehensive top-to-bottom 2023 renovation, meaning the heavy lifting is finished and buyers face little to no immediate capex. This stabilized asset offers long-term performance with minimal maintenance, positioned in the Buffalo-Niagara market where quality inventory at this scale is scarce. Every apartment is leased to a long-term tenant with a strong on-time payment record. JUST COMPLETED IN 2026: brand new exterior landscaping, fully finished, plus new carpeting in the rear hallway. 6 units, 6,204 sq ft, 12 bedrooms, 6 baths. Base rent of $6,875/month ($82,500/year) plus coin laundry income. Solid brick construction. Fully electric building with 7 separate electric meters (one per apartment plus one landlord/common area meter) and a 12-space private parking lot. PROFESSIONAL MANAGEMENT AVAILABLE: For buyers seeking a completely hands-off position, the current owner offers full professional property management after closing, so the building can be owned from anywhere. This includes rent collection and accounting, tenant relations, maintenance and repairs, leasing and renewals, move-ins and move-outs, and full day-to-day management. For an owner-occupant, live in one unit while the remaining five carry the property. 2023 RENOVATION: New roof (full plywood and architectural shingles). All new windows. Brand-new kitchens with new cabinets, quartz countertops, and stainless steel appliances. New flooring. Full bath renovations: tile, vanities, toilets, mirrors, lighting, cabinetry. New interior and exterior doors, closet doors, locks, and hardware. New balcony doors and balcony flooring. New electric radiators throughout. New A/C units in every apartment. New commercial coin-operated laundry equipment. New sound insulation between units for improved privacy. New lighting throughout the building and exterior. New hallway carpeting. ADDITIONAL FEATURES: Security camera system. Secure tenant mailboxes. Professionally maintained. Fully occupied. SHOWINGS NOW UNDERWAY. By APPOINTMENT ONLY. No trespassing. Proof of funds required.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$153 USD /SF

# OF UNITS

12

PRICE/UNIT

$79,167

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

-

APN/PARCEL ID

292600-138-000-0001-044-000

ASK ABOUT THIS PROPERTY

Vera PMoroz Holdings LLCMore Info
716-465-2011

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Vera PMoroz Holdings LLCMore Info
716-465-2011

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