249 Genesee St, Lockport, NY 14094

This stately home is in a historical neighborhood in Lockport New York. It contains 3 large apartments with excellent income. The first floor apartment occupies the entire floor and has a Masony fireplace and original trimming and butler’s pantry. The rooms are spacious and have plenty of natural light from the numerous, tall windows. Apartment #2 has 75% of the second floor and includes 3 bedrooms and a large bathroom. Apartment #3 occupies the remaining space on the second floor and two large bedrooms on the third floor. The building has emergency metal fire escapes built into the house for the second and third floors which was built to standard fire safety codes. There is additional space on the third floor that has not been finished but has a full staircase leading from apartment #2. The building has a very large basement with tall ceilings that is the full footprint of the building. A central laundry room with coin operated machines is available to the tenants only. Additional mechanical room and storage space is used for the remainder of the basement. This house has a front yard and a rear parking lot that has space for 6 cars. The roof was completely replaced in 2019. The house was painted in 2020. The front porch and steps were re-decked with pressure treated lumber in 2018. The apartments have had continuous occupancy and provide a steady income for the owner. Currently the tenants pay for all Electrict costs for their respective units. The owner pays for heat provided by a gas, hot water system and hot water provided by a 50-gallon gas water heater. Plenty of room to split off the utilities if a new owner would desire. The entire building’s electric system was updated in 2019 with new service from the pole with all-new breaker systems. Each apartment has their own meter and room for expansion if needed. A separate house meter was installed at the same time. The main chimney was refurbished in 2020 by installing a stainless steel flue sleeve and replacing damaged or spalled bricks. The chimney was also pointed and veneered in September 2021. The entire rear of the property is reserved for parking for the tenants with 6 spaces available.