About 55 Washington Street
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.
Features of 55 Washington Street
| MLS® # | B1681995 |
|---|---|
| Price | $999,900 |
| Bedrooms | 11 |
| Bathrooms | 0.00 |
| Square Footage | 9,580 |
| Square Footage | 61000 |
| Acres | 1.50 |
| Year Built | 1940 |
| Type | Multi Family |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 55 Washington Street |
|---|---|
| Area | Lockport-City |
| City | Lockport City |
| County | Niagara |
| State | NY |
| Zip Code | 14094 |
Amenities
| Utilities | Sewer Connected, Water Connected, Common Area Maintenance, Other, See Remarks, Snow Removal, Trash Collection, Water |
|---|---|
| Features | Irregular Lot, Near Public Transit, Residential Lot |
| Parking | One and One Half Spaces, No Garage |
| Garages | One and One Half Spaces, No Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Laminate, Other, See Remarks, Tile, Varies, Vinyl |
|---|---|
| Appliances | Common Water Heater, Free-Standing Range, Gas Water Heater, Oven, Refrigerator |
| Heating | Electric, Gas, Baseboard, Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | No |
| Basement | Full, None, Partial |
Exterior
| Exterior | Brick, Composite Siding, Frame, Other, See Remarks |
|---|---|
| Exterior Features | Blacktop Driveway, Deck |
| Lot Description | Irregular Lot, Near Public Transit, Residential Lot |
| Roof | Asphalt |
| Construction | Brick, Composite Siding, Frame, Other, See Remarks |
School Information
| District | Lockport |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Network One Realty |
|---|---|
| Contact Info | 716-874-3530 |