55 Washington ST, Lockport, NY 14094
55 Washington ST, Lockport, NY 14094
55 Washington ST, Lockport, NY 14094
55 Washington ST, Lockport, NY 14094
55 Washington ST, Lockport, NY 14094
55 Washington ST, Lockport, NY 14094
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$ 999,900
Est. payment | /mo

11 Beds

9,580 SqFt


$ 999,900
Est. payment | /mo

11 Beds

9,580 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 9,580 sqft

Price per Sqft $104

MLS Listing ID B1681995

Bedrooms 11

Construction Status Existing

HOA Y/N No

Year Built 1940

Annual Tax Amount $11,381

Lot Size 1.500 Acres

Acres 1.5

Lot Dimensions 109X91

Property Sub-Type Other

Property Description

EXCEPTIONAL "VALUE ADD" MULTIFAMILY INVESTMENT WITH THE POTENTIAL FOR A DEVELOPMENT COMPONENT FOR THE AMBITIOUS INVESTOR. THE "LOCKPORT VIEWS" APARTMENTS OFFERS A STABIIZED 11 UNIT APARTMENT COMPLEX COMPRISED OF 3 BUILDINGS, A STORAGE SHED AND AMPLE ADDITIONAL ACRERAGE, FOR FUTUTE DEVELOPMENT OF UP TO 22 RESIDNTIAL UNITS.
TENANTS PAY FOR HEAT AND ELECTRIC, PLENTY OF OFF-STREET PARKING, CLOSE TO THE CITY OF LOCKPORT AND PUBLIC TRANSPORTATION.
OWNERSHIP HAS COMPLETED SUBSTANTIAL CAP EX. AND THERE IS OPPORTUNITY FOR A 12TH APARTMENT UNIT UTILIZING EXISTING SPACE ON THE GROUND LEVEL OF ONE OF THE BUILDINGS.
PLEASE SEE SUPPLIMENTS FOR INCOME AND EXPENSES AND HIGHLIGHTS.

Location

State NY

County Niagara

Area Lockport-City-290900

Direction TRAVELING NORTH ON TRANSIT, TURN EAST ONTO RT. 31, LEFT ONTO PINE ST., CROSS OVER CANAL AND TO NORTH ON GOODING ST. TO WASHINTON ST.

Rooms

Basement Full, None, Partial

Interior

Heating Electric, Gas, Baseboard, Forced Air

Flooring Carpet, Laminate, Other, See Remarks, Tile, Varies, Vinyl

Fireplace No

Appliance Common Water Heater, Free-Standing Range, Gas Water Heater, Oven, Refrigerator

Exterior

Exterior Feature Blacktop Driveway, Deck

Community Features Other, See Remarks

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt

Porch Deck

Garage No

Building

Lot Description Irregular Lot, Near Public Transit, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Brick,Composite Siding,Frame,Other,See Remarks

Construction Status Existing

Schools

School District Lockport

Others

Senior Community No

Tax ID 290900-109-010-0001-013-001

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://listings.e-statephotography.com/videos/019e2cee-b357-72f8-a830-db6f57e973e1

Listed by Network One Realty 716-874-3530

Nearby Locations

GET MORE INFORMATION

Damaris Rivera
Damaris Rivera

Broker | License ID: 10491209510

+1(585) 754-3821 | damaris@rrealtyrochester.com

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55 Washington ST