$750,000
$850,000
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5040 W Lake RD Dunkirk, NY 14048
10 Beds
10,509 SqFt
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 10,509 sqft
Price per Sqft $71
MLS Listing ID R1541962
Sold Date 03/25/25
Bedrooms 10
Construction Status Existing
HOA Y/N No
Year Built 1930
Annual Tax Amount $19,972
Lot Size 6.430 Acres
Acres 6.43
Lot Dimensions 346X413
Property Sub-Type Other
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY WITH 260 FEET OF LAKE FRONTAGE! Do you have a business idea for a Lakefront property in an excellent location? With its endless possibilities, this rare and unique investment property situated on 6.43 acres along the beautiful shores of Lake Erie might be exactly what you've been looking for. As of today, the motel in the front contains (5) studios/efficiency units and (7) 1 bedroom apartments. Behind the motel and closer to the lake there are (10) cottages on the property, with 4 of the cottages currently occupied. Located between Shorewood country club and Lakewood Drive. To put your vision in motion, schedule your showing today!
Location
State NY
County Chautauqua
Area Dunkirk-Town-063400
Direction Located just past Shorewood country club and right before lakewood drive.
Body of Water Lake Erie
Rooms
Basement Crawl Space
Interior
Heating Gas, Space Heater
Flooring Laminate, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater, See Remarks
Laundry Common Area
Exterior
Exterior Feature Gravel Driveway
Utilities Available Sewer Connected
Waterfront Description Beach Access,Lake
View Y/N Yes
View Water
Roof Type Asphalt,Shingle
Garage No
Building
Lot Description Irregular Lot
Story 1
Sewer Connected
Water Other, See Remarks
Level or Stories One
Structure Type Brick,Block,Concrete,Vinyl Siding
Construction Status Existing
Schools
School District Dunkirk
Others
Senior Community No
Tax ID 063400-095-013-0002-013-000
Acceptable Financing Cash, Land Contract, Other, See Remarks
Listing Terms Cash, Land Contract, Other, See Remarks
Financing Other,See Remarks
Special Listing Condition Standard
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Bought with Premier Realty & Investments