Deal summary

Section 8 Multi-Family in Lockport, NY 14094 – $245,000

3 bed · 5 bath · 5274 sqft · built 1880 · Niagara County

Strong cash-flowing multifamily opportunity, featuring 5 fully occupied units generating $3,970/month in total rental income. This property provides an attractive entry point for investors seeking immediate rental income. Based on the estimated DSCR financing, the property projects approximately $1,336/month in net cash flow after debt service and a 20% CapEx/maintenance reserve. That works out to over $16,000 in projected annual cash flow and an impressive 29.7% cash-on-cash return. Great opportunity to add a strong income-producing multifamily property to your portfolio!

est. rehab $5,000