CCertihomes
131 Allen Street, Lockport City, NY 14094

$120,000

5 beds 3 baths 3,190 sqft Built 18701 days on marketActive

About this home

Investment Opportunity – 3-Unit Property with Potential for 4! Investor special! This multi-family property is brimming with potential and priced to sell. Currently mapped for 4 units, it offers a solid foundation for immediate income and future expansion. One unit is tenant-occupied, providing instant cash flow. The second unit needs only cosmetic updates or a quick refresh to be rent-ready. The third unit has been taken down to the studs, with a framed-out fourth unit offering the perfect blank canvas for your vision. Ideal for a seasoned investor or savvy buyer looking to create equity and build long-term income. A detached 2-car garage adds additional value, whether for tenant parking or storage. With a little work, this property could become a true income-generating gem.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$2,351/mo

Real estate (PITI + HOA + PMI)
$1,384
Principal + interest$770
Property tax + insurance$569
PMI / 2nd mortgage$45
Utilities
$1,841
Heating + cooling$771
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$2,351/mo TLC
Budget$5,000/mo
Remaining after TLC$2,649/mo
Purchase price
$120,000
Down payment
$6,000 (5%)
Loan amount
$114,000
APR
7.15%

Quick facts

Type
MultiFamily
Style
Triplex
Year built
1870
Lot size
0.11 ac
Stories
2
Heating
Gas, ForcedAir
Cooling
Water
Connected, Public
HOA
Annual tax
$3,921
MLS #
B1626216
County
Niagara

At a glance

Basement
Garage (2)

Home features

Appliances
GasWaterHeater
Parking
GravelTwoOrMoreSpaces
Flooring
Hardwood, Varies, Vinyl
Roof
Architectural, Shingle
Sewer
Connected

Lot features

Rectangular, RectangularLot

Neighborhood — 14094

MetricThis ZIPCountyUSA
Population48,81519,351,094299,088,112
Population Change Since19901.00%8.00%20.00%
Population Density407395
Male23,8099,381,926147,432,321
Female25,0059,969,168151,655,844
Never Married10,0284,946,39163,775,926
Married20,8317,166,701123,120,365
Separated1,6081,159,67312,639,686
Widowed3,0361,110,24515,467,586
Divorced4,0631,210,44823,075,029
Number Of House Hold18,4987,102,016111,826,380
Average House Hold Size2.592.642.60
Medial Age37.3836.5335.46
Median House Hold Income$45,740$49,847$48,276
Average House Hold Income$56,367$70,032$63,629
P C I$21,683$26,569$24,529
M D I$39,470$42,210$41,133
A T H E$47,285$54,185$50,898
S T R8.00%4.00%
W C J77.23%81.55%77.74%
(Zip) Code
14094

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Open in Google Maps →

Listing information last refreshed 7/29/2025. Provided courtesy of HUNT Real Estate Corporation via Buffalo MLS. Information deemed reliable but not guaranteed.