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4862 Southwestern Blvd, Hamburg, NY, 14075

4beds
2baths
2,772sqft
$350,000
$126price/sqft
$2,838/moest. monthly cost
$113,520/yrincome needed

About This Home

Unique investment and redevelopment opportunity on roughly 1.4 acres with commercial zoning in a highly desirable Southwestern Blvd. corridor. Originally constructed as a duplex with separate upper and lower units, each level featured its own kitchen, full bathroom, living room, and two bedrooms. A previous owner converted the property into its current single-family layout, creating multiple possibilities for future use, subject to municipal approvals. The home is in need of significant rehabilitation. Much of the second floor requires remodeling, and the HVAC system and hot water tank are currently non-operational. Groundwater is present in the basement; the sump pump is operational, but additional repairs are needed. The roof and several major structural components appear to be in good condition, providing a solid starting point for investors, flippers, or developers looking to restore or repurpose the property. Due to the property's current condition, the sellers believe conventional financing may not be feasible. Cash buyers and renovation-minded purchasers are encouraged to explore the potential with this property. Located 600 feet or 0.1 miles from Lowe's, the property sits within one of Southwestern Boulevard's busiest commercial corridors, surrounded by retail, restaurants, professional offices, and numerous established businesses, providing outstanding visibility and convenience. An additional 2.7-acre parcel located directly behind the property is also available for purchase separately. This rear parcel is zoned residential and is not included in the listing price. With commercial zoning on the front parcel and residential zoning behind, buyers should check all intended uses with the municipality. Opportunities may include single-family residential, duplex conversion, commercial redevelopment, or a mixed-use investment.

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

5/10
7/10
Frontier Middle SchoolGrades 6-82.9 mi
6/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1950

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Brick,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,See Remarks

Basement

  • Has basement: Yes
  • Basement: Partial,Sump Pump

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Second Kitchen,Bedroom on Main Level,In-Law Floorplan
  • Flooring: Carpet,Hardwood,Varies
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Gas,Other,See Remarks
  • Cooling features: Other,See Remarks

Interior Area

  • Total structure area: 2,772
  • Total interior livable area: 2,772 sqft

Property

Details

  • Parcel number: 1448891701600004006000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Blacktop Driveway

Lot

  • Lot size: 1.60 Acres
  • Features: Irregular Lot
  • Lot size dimensions: 195 x 335

Parking

  • Total spaces: 2.5
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2.5
  • Covered spaces: 2.5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Winter Weather
Tornado
Tsunami

FEMA Declared Disasters in Erie County and New York

Flood
Severe Storm
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$110$1,320
Property Taxes $501$6,012
Electricity $458$5,497
Total$2,838$34,056
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,302/yr
40% on housing$85,140/yr
45% on housing$75,680/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.9%
-0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$126This listing

vs Other Active Listings

Avg $/sqft

ZIP 14075$172
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14075$216
Erie County$190

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-21Listed for sale$350,000

For Sale by Agent

AgentJohn Weber
BrokerageRecckio R.E. & Development,Inc

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