98 Washington Street, Lockport, NY 14094

Lockport
Local realty services provided by:HUNT Real Estate ERA
98 Washington Street,Lockport, NY 14094
$199,500
  • 6 Beds
  • 3 Baths
  • 2,688 sq. ft.
  • Multi-family
  • Pending
Listed by: edward shvartsberg
Office: cilicia realty llc.
MLS#:B1677885
Source:NY_GENRIS

Price summary

  • Price:$199,500
  • Price per sq. ft.:$74.22

About this home

Fully leased 3-unit investment property delivering approximately a 12% CAP rate, priced at just $74 per square foot. All units are currently tenant-occupied, ensuring immediate and consistent cash flow. Recent capital improvements include a newer roof and gutters, a new staircase to the second floor, updated hot water tanks, and a full renovation of the largest unit completed in 2023—minimizing near-term maintenance costs. Each unit features separate utilities, streamlining management and expense control. All appliances are included in the sale. Located in a highly accessible area with close proximity to shops, restaurants, and public transportation, and near the newer Cornerstone Ice Hockey Stadium Arena—supporting strong rental demand. Available as a standalone purchase or as part of a package with the neighboring property at 162 Lock Street, offering added scale and investment opportunity.

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Home facts

  • Year built:1870
  • Subdivision & Development:Township 14 Range Vlg/Loc
  • Listing ID #:B1677885
  • Added:150 day(s) ago
  • Updated:October 03, 2026 at 08:28 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Hardwood, Laminate, Varies
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:2,688 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas

Structure and exterior

  • Year built:1870
  • Building area:2,688 sq. ft.
  • Lot area:0.07 Acres
  • Lot Features:Corner Lot, Rectangular
  • Construction Materials:Vinyl Siding
  • Levels:2 Stories

Utilities

  • Water:Public, Water Available
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$199,500
  • Price per sq. ft.:$74.22
  • Tax amount:$2,683

Features and amenities

  • Laundry features:Electric Water Heater

Parking

  • Parking description:Gravel Driveway

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