89 Pine St Lockport, NY 14094
Estimated payment $1,621/month
Highlights
- Porch
- Forced Air Heating System
- Rectangular Lot
- Open Patio
- High Speed Internet
- Vinyl Flooring
About This Home
Excellent investment opportunity in the City of Lockport! This well-maintained 5-unit multi-family property is a valuable addition to any investor’s portfolio. Featuring three 1-bedroom apartments and two studio units, the property offers a strong unit mix with consistent rental appeal. Conveniently located near local shopping, dining, and everyday amenities, tenants will appreciate the accessibility and convenience of city living. This income-producing property also includes existing framework for a potential sixth unit, creating an opportunity for additional cash flow with estimated rental income of approximately $800 per month. Current gross monthly rents total $3,725, with contracted increases bringing monthly income to $4,020 by Spring 2026. Whether you're a seasoned investor or looking to break into multi-family ownership, this property offers both immediate income and future upside potential.
Listing Agent
Listing by Berkshire Hathaway Homeservices Zambito Realtors Brokerage Phone: 585-576-3435 License #10491211627 Listed on: 05/15/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,201
Year Built
- Built in 1880
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 48x82
- Rectangular Lot
Parking
- No Garage
Home Design
- Vinyl Siding
Interior Spaces
- 3 Bedrooms
- 5,274 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Free-Standing Range
Flooring
- Laminate
- Vinyl
Outdoor Features
- Open Patio
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 17
- Assessor Parcel Number 290900-109-013-0003-017-000
Community Details
Overview
- 5 Units
- Lockport Subdivision
Building Details
- 5 Separate Gas Meters
- Operating Expense $12,219
- Gross Income $47,340
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 |
|---|---|---|---|---|
| 2025 | $3,533 | $130,000 | $11,300 | $118,700 |
| 2024 | $3,533 | $130,000 | $11,300 | $118,700 |
| 2023 | $3,635 | $130,000 | $11,300 | $118,700 |
| 2022 | $3,198 | $130,000 | $11,300 | $118,700 |
| 2021 | $3,391 | $86,000 | $5,900 | $80,100 |
| 2020 | $3,318 | $86,000 | $5,900 | $80,100 |
| 2019 | $743 | $86,000 | $5,900 | $80,100 |
| 2018 | $2,399 | $86,000 | $5,900 | $80,100 |
| 2017 | $2,391 | $86,000 | $5,900 | $80,100 |
| 2016 | $2,100 | $78,000 | $5,900 | $72,100 |
| 2015 | -- | $78,000 | $5,900 | $72,100 |
| 2014 | -- | $78,000 | $5,900 | $72,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2026 05/15/26 | For Sale | $234,500 | -- | $44 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $53,525 | Christoper Mikienis | |
| Deed | $37,100 | -- | |
| Deed | $10,000 | Charles Ben | |
| Deed | -- | Ben & Ben | |
| Deed | $50,000 | Richard Yellen | |
| Interfamily Deed Transfer | -- | Matthew E Brooks |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1681903
APN: 290900-109-013-0003-017-000
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