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Buy a multi-family propertyat 98 Washington Street, Lockport, NY 14094

$79,900

$89,900 (-11.12%)

$0/mo

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Residential

2,688 Sq. Ft.

3,049 Sq. Ft. lot

6 Bedrooms

4 Bathrooms

335 Days on market

B1471890 MLS ID

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About 98 Washington Street multi-family property

Fully VACANT! Originally a Lockport commercial storefront, now a 3 unit building! This building comes with a newer roof, separate gas and electric, newer windows, and separate entrances. Each unit was completely updated including the kitchens, flooring and bathrooms. Unit 1 is in need of work - a 3 bed 1.5 bath two story apartment - was bringing in $925/month, could be more. Kitchen has been torn out to studs. At some point, an addition wa put on and the exterior wall was not built on a footer. Unit is large enough to remodel kitchen to address exterior wall. Unit 2 is a 2 bed 1 bath was bringing in $750/month. It is vacant and in need of typical clean / refresh, minor cosmetic work. Unit 3 is a 1 bedroom with an extra walk-thru bedroom, was rented for $850/month - last Tenant did not maintained unit which has many holes in walls. Will need refreshing. This will be an excellent money maker! Offers reviewed as they come in.
Fully VACANT! Originally a Lockport commercial storefront, now a 3 unit building! This building comes with a newer roof, separate gas and electric, newer windows, and separate entrances. Each unit was completely updated including the kitchens, flooring and bathrooms. Unit 1 is in need of work - a 3 bed 1.5 bath two story apartment - was bringing in $925/month, could be more. Kitchen has been torn out to studs. At some point, an addition wa put on and the exterior wall was not built on a footer. Unit is large enough to remodel kitchen to address exterior wall. Unit 2 is a 2 bed 1 bath was bringing in $750/month. It is vacant and in need of typical clean / refresh, minor cosmetic work. Unit 3 is a 1 bedroom with an extra walk-thru bedroom, was rented for $850/month - last Tenant did not maintained unit which has many holes in walls. Will need refreshing. This will be an excellent money maker! Offers reviewed as they come in.

Property details

Property Access

City Street

Appliances and Equipment

Gas Water Heater

Basement

Partial

Bathrooms

1 half bathroom

3 full bathrooms

4 total bathrooms

Bedrooms

6 total bedrooms

House

2 total stories

Built in 1870

Stories: 2

2,688 sqft living area

2688 total building sqft

Composite Siding

Two

Community

3 units in community

Expenses

Water/Sewer

Floors

Laminate

Varies

Heating

Gas

Baseboard

Forced Air

Space Heater

Income

Net Operating Income: -4774

Listing

Property Subtype: Multi Family

45 days on market

Listed on 2023-06-06

Water

Location

County: Niagara

Subdivision: Township 14 Range Vlg/Loc

Lot

3049 sqft

0.07 acres

Area: 0.07

Dimensions: 56X52

Residential Lot

Parking

One Space

Possession

Close Of Escrow

Property

3 units

Resale

Schools

Elementary School District: Lockport

Middle School District: Lockport

High School District: Lockport

Sewer

Connected

Taxes

Annual Amount: $4,774

Utilities

4 separate electric meters

3 separate gas meters

Sewer Connected

Water Connected

Monthly cost

Estimated monthly cost

$573/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$75,106

+$2,397

$77,503

Seller agent commission$2,397 (3%)*

$0 (0%)

Buyer agent commission$2,397 (3%)*

$2,397 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $2,397 more selling your home
with an Unreal Estate agent

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State

  • Land in New York

Unreal Estate checked: May 6, 2024 at 2:17 p.m.

Data updated: Jul 21, 2023 at 5:15 p.m.

Courtesy of Towne Housing Real Estate.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2024 New York State Alliance. All Rights Reserved.

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