Four-Unit Quadplex with Full
4181 Legion Drive Hamburg, NY 14075
4181 Legion Drive, Hamburg, NY, 14075
$399,000
For Sale
$399,000
MULTI_FAMILY - Other - Hamburg, NY
Property Size3,288 SF
Lot Size0.24 Acres
Price / SF$121.35
Days on Market47
Property Features for 4181 Legion Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Basement, Bathroom 4, Bathroom 1, Bedroom 2, Bathroom 3
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 144803-183-170-0001-015-100
- Size
- 3,288 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10658
Utilities
- Heating system
- Other (Heating), Forced Air, Natural Gas, Baseboard
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Carpet, Tile, Varies
- Building materials
- Brick, VinylSiding
- Roof type
- Asphalt
- Architectural style
- Other
Listing Agency
Keller Williams Realty WNY
(716) 832-3300
5500 Main St. Ste. 108, Williamsville, NY
Listed by
Thejan Kodituwakku · License #10401342241
(716) 292-8756
Added: Jun 5 Updated: Jul 15 at 2:07 am Checked: Jul 21 at 5:06 am
MLS# B1682197
Listing URL
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit quadplex includes four all-first-floor apartments, designed for easy tenant access with no stairs. The property also features shared laundry facilities and a full basement that can be used for storage or finished for additional living space. An open parking lot supports day-to-day convenience for residents.
The building is located at 4181 Legion Drive in Hamburg, New York, near the village’s main corridor, with nearby access to everyday services.
For owner-occupiers or investors seeking a low-maintenance residential income property, the first-floor layout can be attractive for a broad tenant mix, while the shared laundry and on-site parking reduce friction for day-to-day operations. The full basement provides flexibility for storage needs or potential interior improvements, depending on how an operator wants to position the units.
The building is located at 4181 Legion Drive in Hamburg, New York, near the village’s main corridor, with nearby access to everyday services.
For owner-occupiers or investors seeking a low-maintenance residential income property, the first-floor layout can be attractive for a broad tenant mix, while the shared laundry and on-site parking reduce friction for day-to-day operations. The full basement provides flexibility for storage needs or potential interior improvements, depending on how an operator wants to position the units.
Key Highlights
- 4‑unit property with four all‑first‑floor apartments (no stairs between units and entrances)
- Shared laundry facilities for residents
- Full basement offering additional storage and/or expansion space
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.4k | $13.80 |
| − Vacancy | −$15.2k | −$4.61 |
| EGI | $30.2k | $9.19 |
| − OpEx | −$9.1k | −$2.76 |
| NOI | $21.1k | $6.43 |
3,288 SF · lease $13.80/SF/yr · vacancy 33.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$302.0K
$264.3K – $352.4K
NOI $21,141 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$271.2K
$237.3K – $316.4K
NOI $18,984 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$718.8K
$628.9K – $838.6K
NOI $50,314 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Four all-first-floor apartments with shared laundry and an open parking lot, offered with a full basement.
Where is this quadplex located?
The property is located at 4181 Legion Drive Hamburg, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 4‑unit property with four all‑first‑floor apartments (no stairs between units and entrances); Shared laundry facilities for residents; Full basement offering additional storage and/or expansion space
