$145,900

114 Elmwood Ave Lockport, NY 14094

Estimated payment $1,089/month

Total Views 2,023
4 Beds
3 Baths
1,764 Sq Ft
$83 Price per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 2 Car Garage
  • Corner Lot

About This Home

CASH FLOWING 3 UNIT READY TO ADD TO YOUR PORTFOLIO. TWO 1 BDRM APARTMENTS ARE VACANT FOR SHOWING PURPOSES ONLY. PENDING TENANTS PER BUYER APPROVAL FOR 10-1-25 @ 900.00 EACH UNIT. 2 BEDROOM LOWER IS OCCUPIED BY LONG TERM TENANT WHO WOULD LIKE TO STAY @ 1200.00 MONTH. TOTAL 2024 GROSS RENTS-$35,400.00, 2024 EXPENSES-$12,900.00, 2024 NET- 22,500.00. RENTS INCLUDE UTILITIES AND ARE REFLECTED IN THE EXPENSES. HIGH EFFICIANCY FURNACE AND 2 NEW HW TANKS INSTALLED IN 2022. SHES NOT PRETTY BUT WITH MINIMAL EFFORT AND A LITTLE ELBOW GREASE HAS THE POTENTIAL TO BE A CASH COW! 24 HRS NOTICE FOR OCCUPIED UNIT. Showings begin 8/20/2025 . Negotiations will begin 8/24/2025 at 11am.

Listing Agent

Richard Labarba

Listing by WNY Metro Roberts Realty Brokerage Phone: 716-559-9972 License #30LA1117049 Listed on: 08/18/2025

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,531

Year Built

  • Built in 1890

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x146
  • Corner Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Block Foundation
  • Stone Foundation

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Lockport High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 290900-109-064-0001-032-000

Community Details

Overview

  • 3 Units
  • City/Lockport Subdivision

Building Details

  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,531

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Electricity, Gardener, Heat, Hot Water, Trash Collection, Water
  • Year Built: 1890
  • Attribution Contact: 716-559-9972
  • Lot Features: Corner Lot, Rectangular, Rectangular Lot
  • Subdivision Name: City/Lockport
  • Directions: ERIE TO ELMWOOD CORNER PINK HOUSE.
  • Architectural Style: Triplex
  • Flooring: Carpet, Hardwood, Laminate, Luxury Vinyl, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.13
  • Waterfront: No
  • Construction Type: Frame, Other, See Remarks
  • Foundation Details: Block, Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lockport
  • Ninth Grade High School: Lockport High

Lot Info

  • Parcel Number: 290900-109-064-0001-032-000
  • Lot Dimensions: 40X146
  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 3531.0
  • Tax Lot: 32

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $39 $109,000 $4,300 $104,700
2023 $39 $109,000 $4,300 $104,700
2022 $39 $99,000 $4,300 $94,700
2021 $392 $45,300 $4,200 $41,100
2020 $392 $45,300 $4,200 $41,100
2019 $392 $45,300 $4,200 $41,100
2018 $1,264 $45,300 $4,200 $41,100
2017 $386 $45,300 $4,200 $41,100
2016 -- $45,300 $4,200 $41,100
2015 -- $45,300 $4,200 $41,100
2014 -- $45,300 $4,200 $41,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $145,900 +108.7% $83 / Sq Ft
06/23/2023 06/23/23 Sold $69,900 0.0% $40 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $69,900 -- $40 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $75,000 Stewart Title Insurance Compan
Deed $55,000 Stewart Title
Interfamily Deed Transfer -- Timothy Snell
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,000 Credit Line Revolving
Source: Public Records

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Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1631533

Western New York Real Estate Information Services (WNYREIS)

APN: 290900-109-064-0001-032-000