Turnkey Triplex Investment
38-40 Lambert Ave Fredonia, NY 14063
New
38-40 Lambert Ave, Fredonia, NY, 14063
$224,900
For Sale
$224,900
Fully furnished three-unit triplex with separately metered gas and electric services for tenant billing.
Days on Market3
Property Features for 38-40 Lambert Ave
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1872
Listing agency
(716) 317-4627
Listed by
Tyler Ehde
(716) 317-4627
Source
Elliman
Added: Jul 19 Updated: Jul 20 at 2:22AM Checked: Jul 20 at 2:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tyler Ehde
Investment Insights
Based on property information with market context.
Turnkey three-unit triplex presented fully furnished, with furniture, furnishings, and contents included in the sale. The property includes a 4-bedroom, 1.5-bath unit, a 3-bedroom, 1-bath unit, and a 1-bedroom, 1-bath unit. The 3-bedroom unit is currently generating $2,000 per month in rental income, while the remaining units may provide additional cash-flow opportunities.
Situated at 38-40 Lambert Ave, the building is located less than a five-minute drive from SUNY Fredonia. Walk and bike scores of 30 and 36 indicate a more car-dependent environment, which can be a practical consideration for tenants and day-to-day access.
Each apartment is separately metered for gas and electric, allowing tenants to pay their own utilities. Showings are available immediately, and offers will be reviewed as received.
Situated at 38-40 Lambert Ave, the building is located less than a five-minute drive from SUNY Fredonia. Walk and bike scores of 30 and 36 indicate a more car-dependent environment, which can be a practical consideration for tenants and day-to-day access.
Each apartment is separately metered for gas and electric, allowing tenants to pay their own utilities. Showings are available immediately, and offers will be reviewed as received.
Key Highlights
- Fully furnished 3‑unit triplex with contents included in the sale for move‑in/operating readiness
- Year built: 1872
- Unit mix includes one 4‑bedroom (1.5‑bath), one 3‑bedroom (1‑bath), and one 1‑bedroom (1‑bath) apartment
Property Analytics
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FAQs
What type of property is this?
Triplex - Fully furnished three-unit triplex with separately metered gas and electric services for tenant billing.
Where is this triplex located?
The property is located at 38-40 Lambert Ave Fredonia, NY.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Fully furnished 3‑unit triplex with contents included in the sale for move‑in/operating readiness; Year built: 1872; Unit mix includes one 4‑bedroom (1.5‑bath), one 3‑bedroom (1‑bath), and one 1‑bedroom (1‑bath) apartment
