Est. Monthly
$5,569/MO
55 Washington Street, Lockport City, NY
EXCEPTIONAL "VALUE ADD" MULTIFAMILY INVESTMENT WITH THE POTENTIAL FOR A DEVELOPMENT COMPONENT FOR THE AMBITIOUS INVESTOR. THE "LOCKPORT VIEWS" APARTMENTS ARE OFFERS A STABIIZED 11 UNIT APARTMENT COMPLEX COMPRISED OF 3 BUILDINGS, A STORAGE SHED AND AMPLE ADDITIONAL ACRERAGE, FOR FUTUTE DEVELOPMENT OF UP TO 22 RESIDNTIAL UNITS. TENANTS PAY FOR HEAT AND ELECTRIC, PLENTY F OFF STREET PARKING, CLOSE TO THE CITY OF LOCKPORT AND PUBLIC TRANSPORTATION. OWNERSHIP HAS COMPLETED SUBSTANTIAL CAP EX. AND THERE IS OPPORTUNITY FOR A 12TH APARTMENT UNIT UTILIZING EXISTING SPACE ON THE GROUND LEVEL. PLEASE SEE SUPPLIMENTS FOR INCOME AND EXPENSES AND HIGHLIGHTS.
Est. Monthly Payment
$5,569.47
Private Mortgage Insurance
Not required
Property Details
55 Washington Street
Lockport City, NY 14094 • Niagara- Annual Tax Amount$11,381
- Listed for saleMay 14, 2026 • NYSAMLS • B1681995$1,175,000
Private Mortgage Insurance
- SourceNYSAMLS
- MLS#B1681995
- Listing OfficeNetwork One Realty
- Last Updated18 days ago
Appliances
- Appliances
- Common Water Heater
- Free Standing Range
- Gas Water Heater
- Oven
- Refrigerator
Climate & Systems
- Heating
- Electric
- Gas
- Baseboard
- Forced Air
Interior Features
- Flooring
- Carpet
- Laminate
- Other
- See Remarks
- Tile
- Varies
- Vinyl
- Basement
- Full
- None
- Partial
Parking
- Parking Features
- One And One Half Spaces
- No Garage
Lot & Grounds
- Lot Size1.5 acres
- Lot Features
- Irregular Lot
- Near Public Transit
- Residential Lot
- Patio & PorchDeck
- Exterior Features
- Blacktop Driveway
- Deck
Type
- Property TypeMulti Family
- Property SubtypeOther
Structure
- Construction
- Brick
- Composite Siding
- Frame
- Other
- See Remarks
- RoofAsphalt
Condition
- Year Built1940
- ConditionResale
- Days on Market23 days
- WaterConnected
- SewerConnected
- ElectricCircuit Breakers
- Utilities
- Sewer Connected
- Water Connected
Similar Properties
Handpicked listings that match what you're looking at
