Welcome to 156 Lake Shore Drive W An Exceptional investment opportunity with lake views, RARE dual residential and commercial zoning, and significant income-producing potential. Located Just steps away from Lake Erie, this unique property consists of three separate 2-bedroom, 1-bath units, offering an attractive combination of immediate rental income and future upside! The Front building features an upper/lower duplex, with both units currently vacant and ready to lease or move right in for Owner occupancy. The upper unit has been freshly painted and updated with a combination of stunning new vinyl and carpet flooring, while the lower unit is also rent ready and offers additional opportunity for a new owner to maximize rental income. A separate rear 2-bedroom, 1-bath residence provides additional income and is currently rented for $650 per month. The rear unit also has an attached garage for extra storage, while the lower unit has main stair access to the Basement and the upper unit has pulldown stairs to a full sized attic. With all three units easily capable of generating rental income, the property offers substantial potential for increased gross annual revenue as the vacant units are leased and rents are brought closer to current market levels. The property’s dual residential and commercial zoning provides additional flexibility and value for investors, owner residents, or future redevelopment opportunities. With continued development in the surrounding area, including the planned new hospital and other large future projects, this location benefits from increased demand, additional employment, Medical housing and even more further growth in the years ahead. Don’t miss this rare opportunity to acquire a versatile multi-unit property with lake views, multiple income streams, flexible zoning, and meaningful long-term investment potential. Showings are easy for the duplex but please allow 24 hour notice for the tenants in rear unit.
Property Details
Price:
$177,500
MLS #:
B1698737
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
dunkirkcity060300
Listed Date:
Jul 16, 2026
Finished Sq Ft:
2,953
Total Sq Ft:
2,953
Lot Size:
10,818 sqft / 0.25 acres (approx)
Year Built:
1890
Units:
3
See this Listing
Schools
School District:
Dunkirk
Interior
Appliances
Gas Water Heater
Bathrooms
3 Full Bathrooms
Cooling
Wall Units
Flooring
Carpet, Hardwood, Laminate, Varies, Vinyl
Heating
Gas, Forced Air, Multiple Heating Units, Space Heater, Wall Furnace
Interior Features
Pull Down Attic Stairs
Levels
Two
Exterior
Architectural Style
Triplex
Construction Materials
Composite Siding, Vinyl Siding
Exterior Features
Deck
Garage Spaces
1
Lot Features
Corner Lot, Other, Rectangular, Rectangular Lot, Residential Lot, See Remarks
Parking Features
Common, Garage, Paved, Parking Available, Two Or More Spaces
Patio And Porch Features
Deck, Open, Porch
Roof
Asphalt
Stories
2
View
Water
Waterfront Features
Lake
Financial
Taxes
$3,874
Map
Community
- Address156 Lake Shore Drive West Dunkirk NY
- CityDunkirk
- CountyChautauqua
- Zip Code14048
Subdivisions in Dunkirk
Market Summary
Current real estate data for Multi Family in Dunkirk as of Jul 17, 2026
9
Multi Family Listed
119
Avg DOM
50
Avg $ / SqFt
$133,822
Avg List Price
Property Summary
- 156 Lake Shore Drive West Dunkirk NY is a Multi Family for sale in Dunkirk, NY, 14048. It is listed for $177,500
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Courtesy of WNY Metro Roberts Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 156 Lake Shore Drive West
Dunkirk, NY

