UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,502 sqft
Price per Sqft $46
Subdivision Buffalo Crk Reservation
MLS Listing ID B1721801
Bedrooms 5
Construction Status Existing
HOA Y/N No
Year Built 1909
Annual Tax Amount $5,011
Lot Size 5,749 Sqft
Acres 0.132
Lot Dimensions 50X115
Property Sub-Type Other
Property Description
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!**
Location
State NY
County Erie
Community Buffalo Crk Reservation
Area Blasdell-Village-144801
Rooms
Basement Full
Interior
Heating Gas, Radiant
Flooring Hardwood, Tile, Varies, Vinyl
Fireplace No
Appliance Appliances Negotiable, Gas Cooktop, Gas Water Heater, Refrigerator
Exterior
Community Features None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Asphalt
Garage No
Building
Lot Description Rectangular, Rectangular Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Brick,Wood Siding
Construction Status Existing
Schools
School District Frontier
Others
Senior Community No
Tax ID 144801-151-610-0002-007-000
Acceptable Financing Cash, Conventional, Rehab Financing
Listing Terms Cash, Conventional, Rehab Financing
Special Listing Condition Standard
Nearby Locations
Khem Kadariya
Phone