About This Home

This 6-bedroom, 3-bathroom residential multi family at 156 Lake Shore Drive W in Dunkirk, NY is listed for $168,999 ($57 per sqft). Built in 1890, the home offers 2,953 sqft of living space on a 0.25 acres lot.

Key Features

  • Built in 1890
  • 0.25 acre lot
  • 2 stories

Property Details

2 stories
3 full
1-car garage
1890

Amenities

ViewHardwoodA/C
Listing Description

Welcome to 156 Lake Shore Drive W An Exceptional investment opportunity with lake views, RARE dual residential and commercial zoning, and significant income-producing potential. Located Just steps away from Lake Erie, this unique property consists of three separate 2-bedroom, 1-bath units, offering an attractive combination of immediate rental income and future upside!

The Front building features an upper/lower duplex, with both units currently vacant and ready to lease or move right in for Owner occupancy. The upper unit has been freshly painted and updated with a combination of stunning new vinyl and carpet flooring, while the lower unit is also rent ready and offers additional opportunity for a new owner to maximize rental income.

A separate rear 2-bedroom, 1-bath residence provides additional income and is currently rented for $650 per month. The rear unit also has an attached garage for extra storage, while the lower unit has main stair access to the Basement and the upper unit has pulldown stairs to a full sized attic.

With all three units easily capable of generating rental income, the property offers substantial potential for increased gross annual revenue as the vacant units are leased and rents are brought closer to current market levels. The property's dual residential and commercial zoning provides additional flexibility and value for investors, owner residents, or future redevelopment opportunities.

With continued development in the surrounding area, including the planned new hospital and other large future projects, this location benefits from increased demand, additional employment, Medical housing and even more further growth in the years ahead.

Don't miss this rare opportunity to acquire a versatile multi-unit property with lake views, multiple income streams, flexible zoning, and meaningful long-term investment potential. Showings are easy for the duplex but please allow 24 hour notice for the tenants in rear unit.

Monthly Cost Estimate

$904/mo

20% down · 6.5% · 30 years

Principal$122
Interest$732
Insurance$49

Estimates only. Actual payments may vary.

Location

156 Lake Shore Drive W

Dunkirk, NY 14048

Features & Amenities

Interior Features

PullDownAtticStairs

Exterior Features

Deck

Property Details

Flooring

CarpetHardwoodLaminateVariesVinyl

Construction

CompositeSiding VinylSiding

Views

Water

Outdoor Features

DeckPorch

Parking

Garage

Heating

Forced AirNatural GasSpace Heater

Cooling

Wall Unit(s)

Appliances

GasWaterHeater

Questions & Answers

This 6-bedroom, 3-bathroom residential multi family at 156 Lake Shore Drive W is listed at $168,999 ($57/sqft). The estimated monthly payment is $904 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1890, 0.25 acre lot, 2 stories. Interior Features: PullDownAtticStairs. Exterior Features: Deck.

This property is listed by Michael Gentner.

MG

Michael Gentner

License 10401363829

Agent at WNY METRO ROBERTS REALTY

Listed by WNY METRO ROBERTS REALTY · Broker phone: (716) 891-1710 · View on Broker Site · Broker website

MLS# B1698737· Source: New York State Alliance of MLSs, LLC· 103 days on PropertySimple

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

156 Lake Shore Drive W, Dunkirk, NY 14048

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