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New
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$199,500

For Sale

2 days ago

98 Washington St, Lockport, NY

House

MLS® B1677885

6 Bed

3 Bath

2688 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 2688 sqft
Garage 
Taxes $2,683
Days Active 2
Lot Size 
Approx. Age 1870
Avg. Price Per Sqft $74
MLS® Number B1677885

Property Address: 98 Washington St, Lockport, NY, 14094-2272

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberB1677885
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1870
BasementCrawl Space
DrivewayGravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 6, 2026List Date
$199,500List Price
  • Commute

Commute

Starting Address
Destination Address
98 Washington St, Lockport, NY

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