8 Lake Street, Richfield, NY 13439

Property 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 apartments Three 2-bedroom apartments Well-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.