38 Lambert Avenue Fredonia, NY $ 224,900
38 Lambert Avenue
$ 224,900
Recently Listed
Share Save

38 Lambert Avenue

Fredonia, NY, 14063
$ 224,900
Bedrooms8 Baths3.1 Sq 2,312

Monthly Estimate*

$ 1,420

38 Lambert Avenue, Fredonia, NY 14063 - Image 1
38 Lambert Avenue, Fredonia, NY 14063 - Image 2
38 Lambert Avenue, Fredonia, NY 14063 - Image 3
38 Lambert Avenue, Fredonia, NY 14063 - Image 4
38 Lambert Avenue, Fredonia, NY 14063 - Image 5
38 Lambert Avenue, Fredonia, NY 14063 - Image 6
38 Lambert Avenue, Fredonia, NY 14063 - Image 7
38 Lambert Avenue, Fredonia, NY 14063 - Image 8
38 Lambert Avenue, Fredonia, NY 14063 - Image 9
38 Lambert Avenue, Fredonia, NY 14063 - Image 10
38 Lambert Avenue, Fredonia, NY 14063 - Image 11
38 Lambert Avenue, Fredonia, NY 14063 - Image 12
38 Lambert Avenue, Fredonia, NY 14063 - Image 13
38 Lambert Avenue, Fredonia, NY 14063 - Image 14
38 Lambert Avenue, Fredonia, NY 14063 - Image 15
38 Lambert Avenue, Fredonia, NY 14063 - Image 16
38 Lambert Avenue, Fredonia, NY 14063 - Image 17
38 Lambert Avenue, Fredonia, NY 14063 - Image 18
38 Lambert Avenue, Fredonia, NY 14063 - Image 19
38 Lambert Avenue, Fredonia, NY 14063 - Image 20
38 Lambert Avenue, Fredonia, NY 14063 - Image 21
38 Lambert Avenue, Fredonia, NY 14063 - Image 22
38 Lambert Avenue, Fredonia, NY 14063 - Image 23
38 Lambert Avenue, Fredonia, NY 14063 - Image 24
38 Lambert Avenue, Fredonia, NY 14063 - Image 25
38 Lambert Avenue, Fredonia, NY 14063 - Image 26
38 Lambert Avenue, Fredonia, NY 14063 - Image 27
38 Lambert Avenue, Fredonia, NY 14063 - Image 28
38 Lambert Avenue, Fredonia, NY 14063 - Image 29
38 Lambert Avenue, Fredonia, NY 14063 - Image 30
38 Lambert Avenue, Fredonia, NY 14063 - Image 31
38 Lambert Avenue, Fredonia, NY 14063 - Image 32
38 Lambert Avenue, Fredonia, NY 14063 - Image 33
38 Lambert Avenue, Fredonia, NY 14063 - Image 34
38 Lambert Avenue, Fredonia, NY 14063 - Image 35
38 Lambert Avenue, Fredonia, NY 14063 - Image 36
38 Lambert Avenue, Fredonia, NY 14063 - Image 37
38 Lambert Avenue, Fredonia, NY 14063 - Image 38
38 Lambert Avenue, Fredonia, NY 14063 - Image 39
38 Lambert Avenue, Fredonia, NY 14063 - Image 40
38 Lambert Avenue, Fredonia, NY 14063 - Image 41
38 Lambert Avenue, Fredonia, NY 14063 - Image 42
38 Lambert Avenue, Fredonia, NY 14063 - Image 43
38 Lambert Avenue, Fredonia, NY 14063 - Image 44
38 Lambert Avenue, Fredonia, NY 14063 - Image 45
38 Lambert Avenue, Fredonia, NY 14063 - Image 46

Multi-Family Home for sale in Fredonia, NY

for $224,900 with 8 bedrooms and 3 full baths, 1 half bath. This 2,312 square foot home was built in 1872 on a lot size of 0.4789.

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 offer excellent opportunity for additional cash flow. Each apartment is separately metered for gas and electric, allowing tenants to pay their own utilities and helping reduce owner expenses. Best of all, this is a truly turnkey investment-all furniture, furnishings, and contents are included in the sale, allowing the next owner to step in and begin operating immediately. Whether you're looking to expand your investment portfolio, capitalize on the consistent student rental market, or own a low-maintenance income-producing property in a prime location, 38 Lambert Ave checks all the boxes. Don't miss this rare opportunity to own a fully equipped multi-family property just minutes from campus, downtown Fredonia, restaurants, shopping, and local amenities. Showings begin immediately, offers will be reviewed as they are received.

See more

Multi-Family Active

Price

$ 224,900

Bedrooms

8

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 5,277

Style

Triplex

Lot Size

0.4789

Year Built

1872

Town/City

Fredonia

County/Region

Chautauqua

MLS | Web ID

B1698996

Features
Interior
Interior Amenities CeilingFans BedroomOnMainLevel
Basement None
Flooring Carpet Laminate Resilient Varies
Total Fireplaces 0
Total Stories 1
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N No
Half Baths 1
Total Bedrooms 8
Below Grade Finished Area 1000.0
Main Level Bathrooms 0
Total Baths 4
See more
General
Sewer Connected
Heating Gas Baseboard ForcedAir WallFurnace
Utilities ElectricityConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances GasWaterHeater
Garage Spaces 0.0
Patio/Porch Features Patio
Architectural Style Triplex
Construction Materials Brick VinylSiding
School District Fredonia
Year Built 1872
Stories Count 1
Township Fredonia-Village
Levels One
Property Subtype MultiFamily
Accessibility AccessibleBedroom
County Chautauqua
Property Type Residential
Rent Includes Water
Full Baths 3
Status Active
City Pomfret
Senior Community Y/N No
High School District Fredonia
Number Of Units Total 3
MLS Area Fredonia-Village-065801
Lot Size Units Acres
Lot Size Square Feet 20862.0
Year Built Details Existing
Tax Annual Amount 5277.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Fredonia
Elementary School District Fredonia
Tax Assessed Value 21180
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 13
See more
Exterior
Exterior Amenities Patio
Parking Features Gravel ParkingAvailable TwoOrMoreSpaces
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.4789
Foundation Details Slab
Building Area Total 2312.0
Lot Dimensions 114X183
Lot Size Acres 0.4789
Waterfront Y/N No
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type CityStreet
See more
Internal Only
Street Number 1 38
See more
* Excluded Features
List By
Century 21 North East

Broker

(716) 317-4627

Phone

Affordability Calculator

$1,860
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,420
Monthly Property Taxes
$440
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3040526 Elementary School
3040309 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$224,900 Listed Price

Map


See all

38 Lambert Avenue, Fredonia, NY, 14063 is a Multi-Family Home for sale at $224,900 with 2,312 sqft and a lot size of 0.4789. 38 Lambert Avenue has 8 bedrooms, 3.1 baths, and was built in 1872. The property's zip code is 14063 which is in Fredonia, NY