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Street View
$209,900
Monthly Est:$1,045
8 Beds
- 4 Baths
3 full baths + 1 half bath
2,312sqft
38-40 Lambert Ave, Fredonia, NY 14063
$209,900
$1,045/moEst:
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Multi Family
Built in 1872
$-- HOA
0.48 acre lot
$91/sq.ft
Description
Exceptional turnkey investment opportunity in the heart of Fredonia! Perfectly positioned at 38 Lambert Ave, this fully furnished three-unit property is located less than a five-minute drive from SUNY Fredonia, making it an ideal addition to any investor's portfolio. With strong rental demand driven by the nearby university, this property offers outstanding income potential from day one. The building features a spacious mix of units, including a 4-bedroom, 1.5-bath, 3-bedroom, 1-bath, and 1-bedroom, 1-bath apartment, providing flexibility to attract a variety of tenants. The 3-bedroom unit is already generating $2,000 per month in rental income, while the remaining units ...
Continue Reading- Houzeo last checked: 3 minutes ago
- Listing updated: September 14, 2026 at 4:27 pm
- Listing Provided by: Tyler Ehde (716) 317-4627 DRE #10401363073, Carol Klein (716) 671-3344 DRE #10401311485 | Century 21 North East (716) 689-4000
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: B1698996

Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1872
HOA Fees
-
Finished Area
2,312 sqft
Lot Size
0.48 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
B1698996
MLS Status
Active
Days on Market
66
Cumulative Days on Market
60

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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Interior
Appliances
Gas Water Heater
Sewer
Connected
Exterior Features
Patio
Flooring
Carpet, Laminate, Resilient, Varies
Interior Features
Ceiling Fans, Bedroom On Main Level
Heating
Gas, Baseboard, Forced Air, Wall Furnace
Construction
Year Built
Year Built: 1872
Home type
Multi Family
Property Condition
Resale
Architectural Style
Triplex
Construction Materials
Brick, Vinyl Siding
Foundation Details
Slab
Utilities & Energy
Utilities
Electricity Connected, Sewer Connected, Water Connected
Water Source
Connected, Public
Parking Features
Gravel, Parking Available, Two Or More Spaces
Basement
None
Other Features
Patio And Porch Features
Patio
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Price History
| Date | Event | Price |
|---|---|---|
08/06/2026 Source: | Price Decreased | $209,900 -4.55% $91/sqft |
08/03/2026 Source: | Price Decreased | $219,900 -2.22% $95/sqft |
07/16/2026 Source: | Listed for Sale | $224,900 $97/sqft |
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Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Sep 21, 2026, 05:45AM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.
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