Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Faith Properties

Property view
Listing view 2
Listing view 3

124 Lake Avenue, 
Buffalo, NY 14219

$255,000


5

Beds


—

Bath


5,502

Sq Ft


Multi-Family

Active

Listed by

John C Brady

, 

Mark Baldy

Gurney Becker & Bourne

716-849-1234

Last updated:

October 21, 2026, 03:14 PM

MLS#

B1721801

Source:

NY GENRIS

About This Home

124 Lake Avenue

**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!**

Home Facts

Multi-Family

5 Bedrooms

Built in 1909

Subdivision & Development:

Buffalo Crk Reservation

Price Summary

255,000

$46 per Sq. Ft.

MLS #:

B1721801

Last Updated:

October 21, 2026, 03:14 PM

Added:

9 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Interior

Living Area:

5,502 Sq. Ft.


Structure

Structure

Building Area:

5,502 Sq. Ft.

Year Built:

1909


Lot

Lot Size (Sq. Ft):

5,750


Finances & Disclosures

Finances

Price:

$255,000

Price per Sq. Ft:

$46 per Sq. Ft.

Source:NY GENRIS
The information being provided by New York State Alliance Of Mlss is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 New York State Alliance Of Mlss All rights reserved.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.