**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
- Brierwood Estates
- Brook Gardens
- Brook Gardens Estates
- Buffalo Crk Reservation
- Buffalo Crk Reservaton
- Country Woods
- Creekview Pt I
- Deer Springs
- Deerfield Heights Sub Pt
- Fairway Gardens Pt 2
- Fairway Gardens Sub Ph 2
- Fieldstream/Forbes
- Four Seasons Sub Ph III
- Friendly Acres Sub Ph 2 S
- Gore
- Grand View Park
- Highland Acres
- Holland Land
- Holland Land Co
- Holland Land Company’s Su
- Holland Land Companys
- Holland Land Companys Sur
- Holland Land Companys Urv
- Lake View Woodlands
- Mission Hills
- Mount Vernon Sub # 4
- Mount Vernon Sub #4
- Norway Place Sub
- Pine Lakes
- Pinegrove Park
- Pleasant Creek
- Saddlebrook Pointe
- Sawgrass
- Sherwood Meadows
- Stiefler Sub Pt 2
- Town/Hamburg
- Vail Sub 2
- Valley View
- Villas/Brierwood Condo
- Willow Woods Sub
- Woods of Versailles
Market Summary
Current real estate data for Multi Family in Hamburg as of Oct 22, 2026
14
Multi Family Listed
108
Avg DOM
122
Avg $ / SqFt
$365,796
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 To schedule a showing of MLS#b1721801 at 124 Lake Avenue in Hamburg, NY, contact your Concrete Jungle Realty agent at 3472420937.
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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 Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty 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



