55 Washington St Lockport, NY 14094
Estimated payment $6,349/month
Highlights
- 1.5 Acre Lot
- Property is near public transit
- Forced Air Heating System
- Deck
- Tile Flooring
- Baseboard Heating
About This Home
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.
Listing Agent
Listing by Network One Realty Brokerage Phone: 716-874-3530 License #10371200173 Listed on: 05/14/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,381
Year Built
- Built in 1940
Lot Details
- 1.5 Acre Lot
- Lot Dimensions are 109x91
- Irregular Lot
Home Design
- Brick Exterior Construction
- Frame Construction
- Siding
Interior Spaces
- 11 Bedrooms
- 9,580 Sq Ft Home
- 2-Story Property
Kitchen
- Oven
- Free-Standing Range
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Partial Basement
Parking
- 1.5 Parking Spaces
- No Garage
- Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
- Shared Water Heater
Additional Features
- Deck
- Property is near public transit
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 290900-109-010-0001-013-001
Community Details
Overview
- 11 Units
Building Details
- 5 Separate Gas Meters
- Operating Expense $26,619
- Gross Income $119,788
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,017 | $118,000 | $3,300 | $114,700 |
| 2024 | $3,017 | $111,000 | $3,300 | $107,700 |
| 2023 | $2,992 | $107,000 | $3,300 | $103,700 |
| 2022 | $2,004 | $97,000 | $3,300 | $93,700 |
| 2021 | $986 | $25,000 | $6,000 | $19,000 |
| 2020 | $965 | $25,000 | $6,000 | $19,000 |
| 2019 | $216 | $25,000 | $6,000 | $19,000 |
| 2018 | $697 | $25,000 | $6,000 | $19,000 |
| 2017 | $695 | $25,000 | $6,000 | $19,000 |
| 2016 | $673 | $25,000 | $6,000 | $19,000 |
| 2015 | -- | $25,000 | $6,000 | $19,000 |
| 2014 | -- | $25,000 | $6,000 | $19,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/20/2026 06/20/26 | Price Changed | $999,900 | -14.9% | $104 / Sq Ft |
| 05/14/2026 05/14/26 | For Sale | $1,175,000 | -- | $123 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1681995
APN: 290900 109.10-1-13.1
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