benny.estate
For SaleMLS # B16819954 days on market

55 Washington Street

Lockport, NY 14094 · Niagara County

Price

$1,175,000

Bed / Bath

11 bd

Interior

9,580 sqft

Lot

1.50 ac

Built

1940

About this home

EXCEPTIONAL "VALUE ADD" MULTIFAMILY INVESTMENT WITH THE POTENTIAL FOR A DEVELOPMENT COMPONENT FOR THE AMBITIOUS INVESTOR. THE "LOCKPORT VIEWS" APARTMENTS ARE 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 F 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. 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

Location

Lockport, NY 14094 · Niagara County

MLS Attribution

Listing courtesy of Network One Realty. Listing agent: Michael F Battaglia. Data last updated 5/18/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.