98 Washington Street Lockport City, NY $ 199,500
98 Washington Street
$ 199,500
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98 Washington Street

Lockport City, NY, 14094
$ 199,500
Bedrooms6 Baths3.0 Sq 2,688

Monthly Estimate*

$ 1,228

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Multi-Family Home for sale in Lockport City, NY for $199,500 with 6 bedrooms and 3 full baths. This 2,688 square foot home was built in 1870 on a lot size of 0.07.

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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Multi-Family Active

Price

$ 199,500

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,683

Style

MultiFamily

Lot Size

0.07

Year Built

1870

Town/City

Lockport City

County/Region

NIAGARA

MLS | Web ID

B1677885

Features
General
Heating Gas Baseboard
Utilities SewerAvailable WaterAvailable
Possession CloseOfEscrow
Appliances ElectricWaterHeater GasWaterHeater
Garage Spaces 0.0
Construction Materials VinylSiding
School District Lockport
Year Built 1870
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
County Niagara
Property Type Residential
Subdivision Name Township 14 Range Vlg/Loc
Rent Includes Water
Full Baths 3
Status Active
City Lockport City
Senior Community Y/N No
High School District Lockport
Number Of Units Total 3
MLS Area Lockport-City-290900
Lot Size Units Acres
Lot Size Square Feet 3049.0
Year Built Details Existing
Tax Annual Amount 2683.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Lockport
Elementary School District Lockport
Tax Assessed Value 80000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 57
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Interior
Basement CrawlSpace
Flooring Hardwood Laminate Varies
Total Fireplaces 0
Total Stories 2
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 6
Main Level Bathrooms 0
Total Baths 3
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Exterior
Parking Features Gravel
Lot Features CornerLot Rectangular RectangularLot
Water Source NotConnected Public
Lot Size Area 0.07
Building Area Total 2688.0
Lot Dimensions 56X52
Lot Size Acres 0.07
Waterfront Y/N No
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type MainThoroughfare
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Internal Only
Street Number 1 98
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* Excluded Features
List By
Cilicia Realty Llc

Broker

(716) 472-3726

Phone

Affordability Calculator

$1,452
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,228
Monthly Property Taxes
$224
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248435 Elementary School
248350 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2026$199,500 Listed Price

Map


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98 Washington Street, Lockport City, NY, 14094 is a Multi-Family Home for sale at $199,500 with 2,688 sqft and a lot size of 0.07. 98 Washington Street has 6 bedrooms, 3.0 baths, and was built in 1870. The property's zip code is 14094 which is in Lockport City, NY