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a Charlotteville Realty Team

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Property at 98 Washington Street, Lockport City, NY 14094
ACTIVE
0
$199,500

98 Washington StreetLockport City, NY, 14094

6 Beds3 Baths2,688 SqFt0.07 Acres
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.
1 / 38

Est. Monthly

$946/MO

$199,500

98 Washington Street, Lockport City, NY

6 Beds3 Baths2,688 SqFt0.07 Acres

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.

StatusActive
Property TypeResidential
Property SubtypeMulti Family
Year Built1870
Days on Market27 days

Est. Monthly Payment

$945.62

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

98 Washington Street

Lockport City, NY 14094 • Niagara
6
Beds
3
Baths
2,688
SqFt
0.07
Acres
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Year Built
1870156 years ago
Days on Market
27 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $2,683
Property History
  • Listed for sale
    May 5, 2026 • NYSAMLS • B1677885
    $199,500
Mortgage Calculator
Estimated monthly payment for this property
$945.62
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    B1677885
  • Listing Office
    Cilicia Realty LLC
  • Last Updated
    26 days ago

Appliances

  • Appliances
    • Electric Water Heater
    • Gas Water Heater

Climate & Systems

  • Heating
    • Gas
    • Baseboard

Interior Features

  • Flooring
    • Hardwood
    • Laminate
    • Varies
  • Basement
    Crawl Space

Parking

  • Parking Features
    Gravel

Lot & Grounds

  • Lot Size
    0.07 acres
  • Lot Features
    • Corner Lot
    • Rectangular
    • Rectangular Lot

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family

Structure

  • Construction
    Vinyl Siding

Condition

  • Year Built
    1870
  • Condition
    Resale
  • Days on Market
    27 days
  • Water
    Not Connected
  • Sewer
    None
  • Utilities
    • Sewer Available
    • Water Available

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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