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8 Lake Street

$120,000

8 Lake Street, Richfield, NY 13439

Active
Last Updated: 11/25/2025

5,880 sqft

Building Size

0.08 acres

Lot Area

Details:
Building Size:    5,880 sqft
Lot Area:    0.08 acres
Year Built:    1950
Zoning:    1
MlsNumber:    S1651369
Highlights:
  • Annual Tax: $ 2810.0
Description:

An outstanding opportunity for investors seeking both immediate income and future development potential. This offering includes two separate parcels: a fully rented five-unit building and an adjoining vacant lot, providing flexibility for expansion, added parking, or long-term appreciation.The building features a desirable mix of units:Two 1-bedroom apartmentsThree 2-bedroom apartmentsWell-maintained and consistently leased, the property delivers strong, reliable cash flow. The additional lot opens the door to further value creation-whether you explore new construction, green space, or extended tenant amenities.Located in a convenient and high-demand area, this package is ideal for both seasoned investors and those looking to strategically grow their portfolio.


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Listing ID: a3479fed-b3e6-4353-8168-19b2a2e07085
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