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5 Beds
0 Baths
5,502 sqft

$255,000

124 Lake Avenue, Hamburg NY, 14219

Price per sqft$46.35
Built in1909
Property size5,502 sqft
Property typeOther

Overview

Active

Listed Oct 12, 2026

Updated 4 days ago

**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!**

$1,697/mo

Est. mortgage payment based on a $255,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
B1721801

Interior Features

Bedrooms
5
Bathrooms
0
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$5,011
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Gurney Becker & Bourne, John C Brady

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Molly Elliott, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 4:57 AM UTC, 10/13/2026

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