Higher Grounds
261 Beattie Ave,
Lockport, NY 14094
 
$5,650,000
Price
1972
Year Built
$100,893
Price Per Unit
56
Number of Units
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$5,650,000
Price
1972
Year Built
$100,893
Price Per Unit
56
Number of Units
Introducing Higher Grounds, a prime investment opportunity featuring 56 modern 2-bedroom units nestled in the vibrant heart of Lockport, NY. Perfectly situated near shopping, dining, and entertainment hotspots, this property caters to both business travelers and young urbanites seeking a dynamic living experience. Whether you're eyeing short-term gains or long-term stability, this multi-family gem offers the best of both worlds.
Boasting a rich history dating back to 1973, Higher Grounds has been meticulously revitalized to offer top-notch comfort and convenience. Recent renovations have elevated the property to new heights, with upgrades including sleek windows, sturdy doors, durable roofing, and efficient mechanical systems. Each building is outfitted with modern circuit breakers and premium copper plumbing, ensuring a hassle-free living experience for residents.
Discover an exceptional investment opportunity at 261 Beattie Ave, where character and scale meet to create a truly remarkable asset. Inside, the apartments boast large windows, built-in cabinets, spacious closets, electric stoves, refrigerators, and dishwashers, providing residents with modern convenience and comfort.
Situated in a serene, tree-lined court setting, this multifamily property offers ample off-street parking and upgraded heating and cooling systems, ensuring tenant satisfaction and retention. With its prime condition and convenient location, this property presents a low-maintenance investment opportunity with a clear path to consistent revenue growth.
Lockport NY Highlights
The property is located in Lockport, NY, a historic city known for its Erie Canal Locks, offering a unique charm and historical significance to the area.
Lockport's downtown area features a variety of local businesses, including restaurants, shops, and cultural attractions, such as the Lockport Cave & Underground Boat Ride, which can attract both locals and tourists to the area.
The property's proximity to major highways, including the I-990 and NY-78, provides convenient access and visibility, potentially increasing traffic flow and exposure for businesses located on the property.
Lockport is part of Niagara County, known for its picturesque landscapes, outdoor recreational opportunities, and proximity to Niagara Falls, making it an attractive location for residents and visitors seeking a blend of urban amenities and natural beauty.
The area surrounding the property offers a mix of residential neighborhoods, schools, and parks, creating a diverse community with potential customer bases for businesses located on the property, catering to both local residents and commuters.
FOR MORE DETAILS CONTACT
Chris Greco
President
(716) 570-7600
chris@grecorealestate.com
10491210541
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