55 Washington Street
Lockport, NY 14094 · Niagara County
Price
$999,900
Bed / Bath
11 bd
Interior
9,580 sqft
Lot
1.50 ac
Built
1940
↓ Reduced from $1,175,000
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.
Exterior features
- Blacktop Driveway
- Deck
Appliances
- Common Water Heater
- Free Standing Range
- Gas Water Heater
- Oven
- Refrigerator
Mechanical
Heating
Electric, Gas, Baseboard, Forced Air
Schools
District
Lockport
Tax & finance
Annual taxes
$11,381
Financing
Cash
MLS Attribution
Listing courtesy of Network One Realty. Listing agent: Michael F Battaglia. Data last updated 6/20/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.
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