124 Lake Avenue, Buffalo, NY 14219
Local realty services provided by:ERA Team VP Real Estate
124 Lake Avenue,Buffalo, NY 14219
$255,000
- 5 Beds
- - Baths
- 5,502 sq. ft.
- Multi-family
- Active
Listed by: john c brady, mark baldy
Office: gurney becker & bourne
MLS#:B1721801
Source:NY_GENRIS
Price summary
- Price:$255,000
- Price per sq. ft.:$46.35
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!**...
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Home facts
- Year built:1909
- Subdivision & Development:Buffalo Crk Reservation
- Listing ID #:B1721801
- Added:2 day(s) ago
- Updated:October 15, 2026 at 03:50 PM
Rooms and interior
- Bedrooms:5
- Flooring:Hardwood, Tile, Varies, Vinyl
- Kitchen Description:Refrigerator
- Basement:Yes
- Basement Description:Full
- Living area:5,502 sq. ft.
Heating and cooling
- Heating:Gas, Radiant
Structure and exterior
- Roof:Asphalt
- Year built:1909
- Building area:5,502 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Rectangular
- Construction Materials:Brick, Wood Siding
- Levels:2 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$255,000
- Price per sq. ft.:$46.35
- Tax amount:$5,011
Features and amenities
- Appliances:Gas Cooktop, Refrigerator
Parking
- Parking description:Driveway, No Garage
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