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
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.
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