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.
Active
$199,500
98 Washington St, Lockport, NY 14094
6beds
2,688sqft
Multi Family
Built in 1870
-- sqft lot
$-- Zestimate®
$74/sqft
$-- HOA
What's special
Newer roof and guttersAll appliances are included
- 101 days |
- 79 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Cilicia Realty LLC 716-472-3726,
Edward Shvartsberg 716-472-3726
Source: NYSAMLSs,MLS#: B1677885
Originating MLS: Buffalo
Originating MLS: BuffaloFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Baseboard
Appliances
- Included: Electric Water Heater, Gas Water Heater
Features
- Flooring: Hardwood, Laminate, Varies
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,688
- Total interior livable area: 2,688 sqft
Property
Parking
- Parking features: Gravel
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,049 Square Feet
- Dimensions: 56 x 52
- Features: Corner Lot, Rectangular, Rectangular Lot
Details
- Parcel number: 2909001090380002057000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Resale
- Year built: 1870
Utilities & green energy
- Water: Not Connected, Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Township 14 Range Vlg/Loc
Location
- Region: Lockport
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $80,000
- Annual tax amount: $2,683
- 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 | $199,500+155.8%$74/sqft |
Source:  NYSAMLSs #B1677885 Report a problem | ||
| 10/5/2023 | Sold | $78,000-2.4%$29/sqft |
Source: NYSAMLSs #B1471890 Report a problem | ||
| 9/2/2023 | Pending sale | $79,900$30/sqft |
Source: NYSAMLSs #B1471890 Report a problem | ||
| 7/19/2023 | Price change | $79,900-11.1%$30/sqft |
Source: NYSAMLSs #B1471890 Report a problem | ||
| 7/11/2023 | Price change | $89,900-10%$33/sqft |
Source: NYSAMLSs #B1471890 Report a problem | ||
| 6/24/2023 | Price change | $99,900-4.8%$37/sqft |
Source: NYSAMLSs #B1471890 Report a problem | ||
| 6/6/2023 | Listed for sale | $104,900+5%$39/sqft |
Source: NYSAMLSs #B1471890 Report a problem | ||
| 7/1/2022 | Listing removed | -- |
Source: NYSAMLSs #B1392951 Report a problem | ||
| 3/11/2022 | Listed for sale | $99,900-26%$37/sqft |
Source: NYSAMLSs #B1392951 Report a problem | ||
| 8/16/2021 | Sold | $135,000+429.4%$50/sqft |
Source: NYSAMLSs #B1337106 Report a problem | ||
| 1/23/2018 | Sold | $25,500$9/sqft |
Source: Agent Provided Report a problem | ||
| 10/31/2017 | Pending sale | $25,500$9/sqft |
Source: Howard Hanna - Lockport-Medina #B1054364 Report a problem | ||
| 10/18/2017 | Price change | $25,500-26.9%$9/sqft |
Source: Howard Hanna - Lockport-Medina #B1054364 Report a problem | ||
| 10/9/2017 | Listed for sale | $34,900$13/sqft |
Source: Howard Hanna - Lockport-Medina #B1054364 Report a problem | ||
| 8/24/2017 | Pending sale | $34,900$13/sqft |
Source: Howard Hanna - Lockport-Medina #B1054364 Report a problem | ||
| 7/18/2017 | Listed for sale | $34,900$13/sqft |
Source: RealtyUSA #B1054364 Report a problem | ||
| 7/18/2017 | Pending sale | $34,900$13/sqft |
Source: RealtyUSA #B1054364 Report a problem | ||
| 6/12/2017 | Listed for sale | $34,900-44.6%$13/sqft |
Source: REALTY USA WNY INC #B1054364 Report a problem | ||
| 12/2/2016 | Listing removed | $63,000$23/sqft |
Source: Owner Report a problem | ||
| 9/3/2016 | Listed for sale | $63,000+85.3%$23/sqft |
Source: Owner Report a problem | ||
| 5/20/1999 | Sold | $34,000$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $85,000 +6.3% |
| 2024 | -- | $80,000 -46.3% |
| 2023 | -- | $149,000 +10.4% |
| 2022 | -- | $135,000 +292.4% |
| 2021 | -- | $34,400 |
| 2020 | -- | $34,400 |
| 2019 | -- | $34,400 |
| 2018 | -- | $34,400 |
| 2017 | $1,782 | $34,400 |
| 2016 | -- | $34,400 |
| 2015 | -- | $34,400 |
| 2014 | -- | $34,400 |
| 2013 | -- | $34,400 |
| 2012 | -- | $34,400 |
| 2011 | -- | $34,400 +16.6% |
| 2010 | -- | $29,500 |
| 2009 | -- | $29,500 |
| 2008 | -- | $29,500 |
| 2007 | -- | $29,500 |
| 2006 | -- | $29,500 |
| 2005 | -- | $29,500 |
| 2004 | -- | $29,500 |
| 2003 | -- | $29,500 |
| 2002 | -- | $29,500 |
| 2001 | -- | $29,500 -13.2% |
| 2000 | -- | $34,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 14094
Nearby schools
GreatSchools rating
- 6/10Anna Merritt Elementary SchoolGrades: K-4Distance: 0.5 mi
- 4/10North 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.
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A local agent can set up tours, give advice and negotiate with sellers.
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