benny.estate
For SaleMLS # B17218010 days on market

124 Lake Avenue

Buffalo, NY 14219 · Erie County

Price

$255,000

Bed / Bath

5 bd

Interior

5,502 sqft

Lot

5,750 sqft lot

Built

1909

About this home

**FIVE-UNIT INVESTMENT OPPORTUNITY IN THE VILLAGE OF BLASDELL!** Whether you're looking to make your first real estate investment or add another income-producing property to your portfolio, 124 Lake Avenue offers an exciting opportunity to get started or continue growing! This substantial multifamily property features approximately 5,502 square feet with a versatile mix of three 1-bedroom, 1-bath apartments and two 2-bedroom, 1-bath apartments. Each apartment offers its own kitchen, bathroom, and living space, while the building features a combination of original woodwork, architectural character, and various interior finishes. With opportunities for cosmetic updates and improvements throughout, buyers have the flexibility to make upgrades over time while exploring the property's long-term rental potential. For those entering the investment market, this five-unit property offers an opportunity to establish a rental portfolio with multiple units under one roof. Seasoned investors will appreciate the unit count, value-add potential, and opportunity to evaluate future rental income growth. Conveniently situated in the Village of Blasdell, near local restaurants, shopping, and major roadways, the property offers accessibility to the surrounding Southtowns and Buffalo area. Whether you're ready to purchase your first investment property or expand an established portfolio, **124 Lake Avenue offers the space, flexibility, and opportunity to take that next step!**

Appliances

  • Appliances Negotiable
  • Gas Cooktop
  • Gas Water Heater
  • Refrigerator

Mechanical

Heating

Gas, Radiant

Schools

District

Frontier

Tax & finance

Annual taxes

$5,011

Financing

Cash · Conventional · RehabFinancing

Location

Buffalo, NY 14219 · Erie County

MLS Attribution

Listing courtesy of Gurney Becker & Bourne. Listing agent: John C Brady. Data last updated 10/12/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.