**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!**
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!**
Property Details
Price:
$255,000
MLS #:
B1721801
Status:
Active
Beds:
5
Baths:
0
Type:
Multi Family
Subtype:
Other
Subdivision:
Buffalo Crk Reservation
Neighborhood:
blasdellvillage144801
Listed Date:
Oct 12, 2026
Finished Sq Ft:
5,502
Total Sq Ft:
5,502
Lot Size:
5,750 sqft / 0.13 acres (approx)
Year Built:
1909
Units:
5
See this Listing
Schools
School District:
Frontier
Interior
Appliances
Appliances Negotiable, Gas Cooktop, Gas Water Heater, Refrigerator
Flooring
Hardwood, Tile, Varies, Vinyl
Heating
Gas, Radiant
Levels
Two
Exterior
Community Features
None
Construction Materials
Brick, Wood Siding
Lot Features
Rectangular, Rectangular Lot
Parking Features
None, Driveway, No Garage
Roof
Asphalt
Stories
2
Financial
Taxes
$5,011
Map
Community
- Address124 Lake Avenue Hamburg NY
- SubdivisionBuffalo Crk Reservation
- CityHamburg
- CountyErie
- Zip Code14219
Subdivisions in Hamburg
- Big Tree Town Homes
- Blasdell Park
- Brook Garden
- Brook Gardens
- Buffalo Crk Reservation
- Carnegie
- Commerce Park
- Fairgrounds Village Pt 2
- Highland Acres #2
- Holland Company’s Surv
- Holland Land
- Holland Land Company
- Holland Land Company’s Su
- Holland Land Companys
- Holland Land Companys Sur
- Liberty Park Pt 4
- Meadow Run Sec A
- Mission Hills
- Mount Vernon
- Norway Place Sub
- Old Ogden
- Sagamore Heights
- Town/Hamburg
- Triton Valley Sunset
Market Summary
Current real estate data for Multi Family in Hamburg as of Oct 12, 2026
13
Multi Family Listed
106
Avg DOM
119
Avg $ / SqFt
$374,712
Avg List Price
Property Summary
- Located in the Buffalo Crk Reservation subdivision, 124 Lake Avenue Hamburg NY is a Multi Family for sale in Hamburg, NY, 14219. It is listed for $255,000
Similar Listings Nearby
Courtesy of Gurney Becker & Bourne. 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. 124 Lake Avenue
Hamburg, NY

