340 Park Ave Lockport, NY 14094
Estimated payment $1,038/month
Highlights
- Corner Lot
- Forced Air Heating System
- Carpet
About This Home
Welcome to 340 Park Ave, a fully leased two-family home in the City of Lockport offering immediate rental income and strong cash flow. This well-maintained, tenant-occupied property generates $1,800 per month across two stable units, making it an excellent addition to any investor’s portfolio.
Situated on a desirable corner lot, the property provides ample off-street parking, a highly sought-after feature that enhances tenant appeal and long-term rental stability. Both units offer comfortable layouts and separate entrances, contributing to ease of management and consistent demand.
Conveniently located near local amenities, schools, shopping, and main thoroughfares, this property offers both reliability and long-term investment upside. A true turnkey opportunity—just collect rents from day one.
Listing Agent
Listing by Towne Housing Real Estate Brokerage Phone: 646-377-1087 License #10301214985 Listed on: 03/03/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,226
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 39x88
- Corner Lot
- Rectangular Lot
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 1,762 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Lot 70
- Assessor Parcel Number 290900-108-016-0002-070-000
Community Details
Overview
- 2 Units
- Holland Purchase Subdivision
Building Details
- 2 Separate Gas Meters
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 | $2,772 | $102,000 | $3,800 | $98,200 |
| 2023 | $2,740 | $98,000 | $3,800 | $94,200 |
| 2022 | $2,127 | $89,000 | $3,800 | $85,200 |
| 2021 | $2,070 | $52,500 | $4,300 | $48,200 |
| 2020 | $2,026 | $52,500 | $4,300 | $48,200 |
| 2019 | $454 | $52,500 | $4,300 | $48,200 |
| 2018 | $1,465 | $52,500 | $4,300 | $48,200 |
| 2017 | $1,460 | $52,500 | $4,300 | $48,200 |
| 2016 | $1,413 | $52,500 | $4,300 | $48,200 |
| 2015 | -- | $52,500 | $4,300 | $48,200 |
| 2014 | -- | $52,500 | $4,300 | $48,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/30/2026 03/30/26 | Pending | -- | -- | -- | |
| 03/03/2026 03/03/26 | For Sale | $144,900 | +178.7% | $82 / Sq Ft | |
| 01/09/2020 01/09/20 | Sold | $52,000 | +4.0% | $30 / Sq Ft | View Prior Sale |
| 07/16/2019 07/16/19 | Pending | -- | -- | -- | |
| 07/15/2019 07/15/19 | For Sale | $50,000 | -- | $28 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $56,000 | Chris Mikienis |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $42,000 | New Conventional |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1664505
APN: 290900-108-016-0002-070-000
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Ask me questions while you tour the home.