55 Washington Street, Lockport, NY 14094
Local realty services provided by:CENTURY 21 Turner Brokers
Listed by: michael f battaglia
Office: network one realty
MLS#:B1681995
Source:NY_GENRIS
Price summary
- Price:$1,175,000
- Price per sq. ft.:$122.65
About this home
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.
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Home facts
- Year built:1940
- Listing ID #:B1681995
- Added:7 day(s) ago
- Updated:May 26, 2026 at 02:44 PM
Rooms and interior
- Bedrooms:11
- Flooring:Carpet, Laminate, Tile, Varies, Vinyl
- Kitchen Description:Oven, Refrigerator
- Basement:Yes
- Basement Description:Full, Partial
- Living area:9,580 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Forced Air, Gas
Structure and exterior
- Roof:Asphalt
- Year built:1940
- Building area:9,580 sq. ft.
- Lot area:1.5 Acres
- Lot Features:Irregular Lot, Near Public Transit, Residential Lot
- Construction Materials:Brick, Composite Siding, Frame
- Exterior Features:Deck
- Levels:2 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$1,175,000
- Price per sq. ft.:$122.65
- Tax amount:$11,381
Features and amenities
- Appliances:Free Standing Range, Oven, Refrigerator
- Amenities:Deck
Parking
- Parking description:No Garage
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