98 Washington Street, Lockport, NY 14094
Local realty services provided by:CENTURY 21 Galloway Realty
98 Washington Street,Lockport, NY 14094
$199,500
- 6 Beds
- 3 Baths
- 2,688 sq. ft.
- Multi-family
- Active
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
- Listing ID #:B1677885
- Added:76 day(s) ago
- Updated:July 21, 2026 at 02:40 PM
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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