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Street View
$199,500
Monthly Est:$993
6 Beds
3 Baths3 full baths
2,688sqft
98 Washington St, Lockport, NY 14094
$199,500
$993/moEst:
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Multi Family
Built in 1870
$-- HOA
0.07 acre lot
$74/sq.ft
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.
- Houzeo last checked: 11 minutes ago
- Listing updated: October 2, 2026 at 5:42 pm
- Listing Provided by: Edward Shvartsberg (716) 472-3726 DRE #10491213075 | Cilicia Realty LLC (716) 472-3726
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: B1677885
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1870
HOA Fees
-
Finished Area
2,688 sqft
Lot Size
0.07 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
B1677885
MLS Status
Pending
Days on Market
184
Cumulative Days on Market
150
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Interior
Appliances
Electric Water Heater, Gas Water Heater
Flooring
Hardwood, Laminate, Varies
Heating
Gas, Baseboard
Construction
Year Built
Year Built: 1870
Home type
Multi Family
Property Condition
Resale
Construction Materials
Vinyl Siding
Utilities & Energy
Parking Features
Gravel
Utilities
Sewer Available, Water Available
Water Source
Not Connected, Public
Basement
Crawl Space
Other Features
Subdivision Name
Township 14 Range Vlg/loc
Lot Features
Corner Lot, Rectangular, Rectangular Lot
Price History
| Date | Event | Price |
|---|---|---|
10/02/2026 Source: | Pending | $199,500 $77/sqft |
10/02/2026 Source: | Off Market | $199,500 $77/sqft |
05/05/2026 Source: | Listed for Sale | $199,500 +155.77% $77/sqft |
10/07/2023 Source: | Price Decreased | $78,000 -2.38% $30/sqft |
10/07/2023 Source: | Price Decreased | $79,900 -54.34% $31/sqft |
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Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Nov 06, 2026, 03:00AM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.
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