Fully leased 3-unit investment property offering approximately an 11% CAP rate, priced at just $67 per square foot. All units are tenant-occupied, providing immediate and stable income from day one. The largest unit has been fully renovated (2024–2025), and the exterior electrical system was updated in 2025, reducing near-term capital expenditure concerns. Each unit features separate utilities, adding efficiency for both ownership and tenant management. All appliances are included in the sale. Ideally located with convenient access to local shops, dining, and public transportation, and situated near the newer Cornerstone Ice Hockey Stadium Arena—enhancing long-term rental appeal. This property is available as a standalone purchase or can be acquired as part of a package with the adjacent property at 98 Washington Street, offering additional scale and investment potential.
Active
$235,000
162 Lock St, Lockport, NY 14094
8beds
3,489sqft
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$67/sqft
$-- HOA
What's special
- 38 days |
- 144 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Cilicia Realty LLC 716-472-3726,
Edward Shvartsberg 716-472-3726
Source: NYSAMLSs,MLS#: B1677897
Originating MLS: Buffalo
Originating MLS: BuffaloLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Baseboard
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Laminate, Varies
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 3,489
- Total interior livable area: 3,489 sqft
Property
Parking
- Parking features: Gravel
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,534 Square Feet
- Dimensions: 66 x 99
- Features: Rectangular, Rectangular Lot
Details
- Parcel number: 2909001090380002051000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Resale
- Year built: 1890
Utilities & green energy
- Water: Connected, Public
- Utilities for property: Sewer Available, Water Connected
Community & HOA
Community
- Subdivision: Village/Lockport
Location
- Region: Lockport
Financial & listing details
- Price per square foot: $67/sqft
- Tax assessed value: $159,000
- Annual tax amount: $5,336
- Date on market: 5/5/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $235,000+51.6%$67/sqft |
Source:  NYSAMLSs #B1677897 Report a problem | ||
| 10/28/2024 | Sold | $155,000-13.8%$44/sqft |
Source: NYSAMLSs #B1539678 Report a problem | ||
| 7/18/2024 | Contingent | $179,900$52/sqft |
Source: NYSAMLSs #B1539678 Report a problem | ||
| 6/24/2024 | Price change | $179,900-2.7%$52/sqft |
Source: NYSAMLSs #B1539678 Report a problem | ||
| 5/21/2024 | Listed for sale | $184,900+37%$53/sqft |
Source: NYSAMLSs #B1539678 Report a problem | ||
| 7/19/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/7/2023 | Price change | $700-12.5% |
Source: Zillow Rentals Report a problem | ||
| 7/1/2023 | Listed for rent | $800 |
Source: Zillow Rentals Report a problem | ||
| 12/14/2021 | Sold | $135,000-4.9%$39/sqft |
Source: NYSAMLSs #B1349660 Report a problem | ||
| 11/1/2021 | Pending sale | $142,000$41/sqft |
Source: NYSAMLSs #B1349660 Report a problem | ||
| 10/14/2021 | Price change | $142,000-2.1%$41/sqft |
Source: NYSAMLSs #B1349660 Report a problem | ||
| 9/27/2021 | Listed for sale | $144,998$42/sqft |
Source: NYSAMLSs #B1349660 Report a problem | ||
| 9/8/2021 | Pending sale | $144,998$42/sqft |
Source: HUNT ERA Real Estate #B1349660 Report a problem | ||
| 9/8/2021 | Contingent | $144,998$42/sqft |
Source: NYSAMLSs #B1349660 Report a problem | ||
| 8/27/2021 | Price change | $144,998-3.3%$42/sqft |
Source: NYSAMLSs #B1349660 Report a problem | ||
| 8/13/2021 | Listed for sale | $149,998-6.3%$43/sqft |
Source: NYSAMLSs #B1349660 Report a problem | ||
| 8/6/2021 | Listing removed | -- |
Source: HUNT ERA Real Estate Report a problem | ||
| 7/6/2021 | Listed for sale | $159,998+68.4%$46/sqft |
Source: NYSAMLSs #B1349660 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/1/2020 | Sold | $95,000-8.7%$27/sqft |
Source: Public Record Report a problem | ||
| 9/2/2020 | Listing removed | $104,000$30/sqft |
Source: Owner Report a problem | ||
| 8/26/2020 | Listed for sale | $104,000$30/sqft |
Source: Owner Report a problem | ||
| 8/15/2020 | Pending sale | $104,000$30/sqft |
Source: Owner Report a problem | ||
| 8/10/2020 | Listed for sale | $104,000+108%$30/sqft |
Source: Owner Report a problem | ||
| 8/12/2005 | Sold | $50,000+25%$14/sqft |
Source: Public Record Report a problem | ||
| 5/21/2003 | Sold | $40,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $169,000 +6.3% |
| 2024 | -- | $159,000 +3.9% |
| 2023 | -- | $153,000 +9.3% |
| 2022 | -- | $140,000 +82.1% |
| 2021 | -- | $76,900 |
| 2020 | -- | $76,900 |
| 2019 | -- | $76,900 |
| 2018 | -- | $76,900 |
| 2017 | $3,985 | $76,900 |
| 2016 | -- | $76,900 |
| 2015 | -- | $76,900 |
| 2014 | -- | $76,900 |
| 2013 | -- | $76,900 |
| 2012 | -- | $76,900 |
| 2011 | -- | $76,900 +38.6% |
| 2010 | -- | $55,500 |
| 2009 | -- | $55,500 |
| 2008 | -- | $55,500 |
| 2007 | -- | $55,500 |
| 2006 | -- | $55,500 |
| 2005 | -- | $55,500 |
| 2004 | -- | $55,500 |
| 2003 | -- | $55,500 |
| 2002 | -- | $55,500 |
| 2001 | -- | $55,500 +29.1% |
| 2000 | -- | $43,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 14094
Nearby schools
GreatSchools rating
- 6/10Anna Merritt Elementary SchoolGrades: K-4Distance: 0.6 mi
- 5/10North Park Junior High SchoolGrades: 7-8Distance: 0.6 mi
- 6/10Lockport High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- District: Lockport
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Niagara County
- Lockport
- 14094
- 162 Lock St
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Nearby neighborhoods
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