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Listed price in listed location currency (USD).
$1,190,000

0020
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size 9578 sqft
Garage No
HOA Fees 
Taxes $11,421
Days Active 3
Approx. Age 1940
Avg. Price Per Sqft $124
MLS® Number B1645844

Property Address: 55-51 Washington St, Lockport, NY, 14094-2200

Average square foot calculated using Size range provided by listing agent.

Description

Discover an exceptional turnkey multifamily investment at Lockport Views Apartments, a well-established residential community offering immediate cash flow and substantial growth potential. Nestled in the historic Lockport area, this property features three modern buildings comprising 12 spacious units, 11 fully updated with contemporary finishes, energy-efficient appliances, and thoughtful amenities designed for resident comfort and retention. The property has undergone comprehensive renovations from top to bottom, including refreshed interiors newer mechanics, windows, upgraded common areas, and enhanced landscaping, ensuring low maintenance costs and high tenant appeal. From efficient kitchens to durable flooring, every detail has been updated to meet today's market demands. Cleared land for the potential construction of an additional 22 units, transforming this already profitable asset into a larger-scale operation. This opportunity could nearly double the property's footprint and revenue stream—perfect for visionary investors looking to scale. Lockport Views Apartments combines the security of a proven performer with the excitement of future development, all in a location with easy access to local amenities, schools, and commuting routes. Whether you're a seasoned real estate professional or a first-time multifamily buyer, this property delivers immediate value and long-term upside. Square Footage is all the buildings combined.
MLS® NumberB1645844
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1940
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Land and Building

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 20, 2025List Date
$1,190,000List Price
  • Commute

Commute

Starting Address
Destination Address
51 Washington St, Lockport, NY

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