6335 Robinson Road Lockport Town NY 14094 | MLS #B1704097

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.