70 E Fairmount Ave Lakewood, NY $ 675,000
70 E Fairmount Ave
$ 675,000
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70 E Fairmount Ave

Lakewood, NY, 14750
$ 675,000
Bedrooms4 Baths2.2 Sq 3,619

Monthly Estimate*

$ 4,156

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Multi-Family Home for sale in Lakewood, NY

for $675,000 with 4 bedrooms and 2 full baths, 2 half baths. This 3,619 square foot home was built in 1951 on a lot size of 1.03.

Situated in the desirable village of Lakewood, this unique R2 multi-family zoned property offers endless possibilities for homeowners, investors, or entrepreneurs alike. A private entrance welcomes you into the thoughtfully renovated single-family home featuring 4 bedrooms and 2 1/2 baths offering comfortable living with exceptional flexibility. Features include a bright, open-concept layout seamlessly connecting the updated kitchen, dining & living areas-ideal for everyday living & entertaining. The expansive 1st floor primary suite provides privacy, complete with ensuite bath and a generous walk-in closet. The laundry room and attached 2 car garage complete the 1st floor. Wind your way upstairs to 3 add'l bedrooms, a full bath and an abundance of storage. The attached professional office space, long utilized as a dental office, opens the door to countless opportunities. Continue operating a professional business, create additional living quarters, or explore the potential for an apartment conversion — all subject to Village approval and a required “special use” permit for many alternate uses. The versatility of this property makes it an outstanding investment opportunity. Live comfortably in the home while operating your business next door, or generate additional income by leasing the professional space separately. Positioned in a well-trafficked location with the convenience of an additional attached parking lot, the office also features a designated private entrance accessible from the residential side of the property for added ease and functionality. Outside, the oversized deck overlooks a fully fenced backyard oasis offering both peace and privacy. Spend sunny afternoons relaxing in the hammock, entertain guests outdoors, or unwind around the fire pit on warm summer evenings. This rare property combines residential charm, business potential, and investment versatility all in one exceptional Village location.

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Multi-Family Active

Price

$ 675,000

Bedrooms

4

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 9,692

Style

MultiFamily

Lot Size

1.03

Year Built

1951

Town/City

Lakewood

County/Region

Chautauqua

MLS | Web ID

R1684574

Features
Interior
Interior Amenities CathedralCeilings SlidingGlassDoors Skylights
Basement CrawlSpace Partial SumpPump
Flooring Carpet Laminate Tile Varies
Total Fireplaces 1
Total Stories 1
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Skylights
Fireplace Y/N Yes
Half Baths 2
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 4
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General
Sewer Connected
Heating Ductless Gas Baseboard WallFurnace
Cooling Ductless WindowUnits
Utilities HighSpeedInternetAvailable SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances GasWaterHeater
Garage Spaces 2.0
Patio/Porch Features Deck
Construction Materials VinylSiding
School District Southwestern
Year Built 1951
Township Lakewood-Village
Property Subtype MultiFamily
County Chautauqua
Property Type Residential
Garage Y/N Yes
Rent Includes Other SeeRemarks
Full Baths 2
Status Active
City Busti
Senior Community Y/N No
High School District Southwestern
Number Of Units Total 2
MLS Area Lakewood-Village-062201
Lot Size Units Acres
Year Built Details Existing
Tax Annual Amount 9692.0
Property Condition Resale
Virtual Tour https://youtu.be/LLWgEpSe5nQ
Standard Status Active
Middle/Junior School District Southwestern
Elementary School District Southwestern
Tax Assessed Value 380000
TaxOtherAnnualAssessmentAmount 0.0
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Exterior
Exterior Amenities Deck FullyFenced PrivateYard SeeRemarks
Fencing Full
Parking Features Paved ParkingAvailable TwoOrMoreSpaces GarageDoorOpener
Lot Features NearPublicTransit Rectangular RectangularLot
Water Source Connected Public
Lot Size Area 1.03
Foundation Details Block
Building Area Total 3619.0
Lot Dimensions 150X300
Lot Size Acres 1.03
Waterfront Y/N No
Door Features SlidingDoors
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Road Frontage Type MainThoroughfare
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Internal Only
Street Number 1 70
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* Excluded Features
List By
Era Team Vp Real Estate

Broker

(716) 485-6879

Phone

Affordability Calculator

$4,964
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,156
Monthly Property Taxes
$808
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3219414 Elementary School
3219205 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/27/2026$675,000 Listed Price

Map


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70 E Fairmount Ave, Lakewood, NY, 14750 is a Multi-Family Home for sale at $675,000 with 3,619 sqft and a lot size of 1.03. 70 E Fairmount Ave has 4 bedrooms, 2.2 baths, and was built in 1951. The property's zip code is 14750 which is in Lakewood, NY