159 S Transit St Lockport, NY 14094
Estimated payment $1,416/month
Highlights
- 3 Car Garage
- Rectangular Lot
- Heating System Uses Gas
About This Home
Turn key 2 unit investment property. Currently has 2 long term residential tenants paying $875 each. It is zoned in a business district and could be used for office space. Great Opportunity with high visibility on one of the busiest stretches in WNY. Close to shops, restaurants and more. The upper and lower units each have 2 beds and 1 bath. There is a 2 car garage and a 1 car garage. Both apartments have seen plenty of updates in recent years including plumbing, upstairs bathroom, glass block windows, high end kitchen cabinets and tile back splash in the lower. The lower unit features hard wood floors, large kitchen and living room and and great primary bedroom with huge walk in closet with its own personal laundry. Ideal for business, investment or as a primary residence. Offers will be presented as they come, but seller reserves the right to set a deadline.
Listing Agent
Listing by Trank Real Estate Brokerage Phone: 716-208-6099 License #10301217200 Listed on: 04/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,540
Year Built
- Built in 1885
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 42x165
- Rectangular Lot
Parking
- 3 Car Garage
- Common or Shared Parking
Home Design
- Vinyl Siding
Interior Spaces
- 2,100 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Heating System Uses Gas
- Radiant Heating System
- Gas Water Heater
Listing and Financial Details
- Tax Lot 52
- Assessor Parcel Number 290900-109-078-0001-052-000
Community Details
Overview
- 2 Units
- City Lockport Subdivision
Building Details
- 1 Separate Gas Meter
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,473 | $163,000 | $8,500 | $154,500 |
| 2023 | $4,473 | $160,000 | $8,500 | $151,500 |
| 2022 | $2,755 | $117,000 | $8,500 | $108,500 |
| 2021 | $2,555 | $64,800 | $4,600 | $60,200 |
| 2020 | $2,500 | $64,800 | $4,600 | $60,200 |
| 2019 | $1,802 | $64,800 | $4,600 | $60,200 |
| 2018 | $1,808 | $64,800 | $4,600 | $60,200 |
| 2017 | $1,802 | $64,800 | $4,600 | $60,200 |
| 2016 | $1,744 | $64,800 | $4,600 | $60,200 |
| 2015 | -- | $64,800 | $4,600 | $60,200 |
| 2014 | -- | $64,800 | $4,600 | $60,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2025 06/14/25 | Price Changed | $179,000 | -4.3% | $85 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $187,000 | -1.1% | $89 / Sq Ft |
| 04/09/2025 04/09/25 | For Sale | $189,000 | +18.1% | $90 / Sq Ft |
| 02/23/2023 02/23/23 | Sold | $160,000 | -3.0% | $76 / Sq Ft |
| 11/05/2022 11/05/22 | Pending | -- | -- | -- |
| 10/20/2022 10/20/22 | For Sale | $165,000 | +120.0% | $79 / Sq Ft |
| 09/24/2014 09/24/14 | Sold | $75,000 | -16.6% | $41 / Sq Ft |
| 07/30/2014 07/30/14 | Pending | -- | -- | -- |
| 01/03/2014 01/03/14 | For Sale | $89,900 | -- | $49 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | -- | |
| Warranty Deed | $75,000 | None Available | |
| Interfamily Deed Transfer | $85,000 | Walter Moxham | |
| Land Contract | $73,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $128,000 | New Conventional |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1598523
APN: 290900-109-078-0001-052-000
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