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A Great opportunity awaits you at 5841 Lakeview Terrace! This 4-bedroom, 2 up & 2 down home features an open floor plan, with a 1st floor bath, 1st floor laundry/utility room & French doors in the family room lead to a huge 30x16 deck & partially fenced yard. Sound good so far? The best is yet to come! The Bonus Area above the garage is considered "Contributory Value", because it's listed as a "Single Family Residence" thus the Bonus Area is NOT considered living space for appraisal purposes nor taxes purposes. On top of that, there is an EXTRA 20'x150' lot adjacent to the right that will be included with the sale of the property. The dimensions & true taxes listed reflect this extra lot. The house & the Bonus Area need your TLC, but with your vision this diamond in the rough can become a real gem. Some updates have already been made, the boiler & hot water tank are only 3 yrs old, the vanity & toilet are newer, the roof is approx. 10 yrs old; it's a product known as Ondura & comes with a 30-yr warranty. So far as the Bonus Area, it's currently laid out like an apartment. There is no heat or hot water, but it boasts a 16x10 kitchen, 19x13 living room, 12x9 bedroom, 10x5 bath & 8x7 1st fl. utility room, there is a new window for that room, it just needs to be installed. A new toilet, vanity, light fixture & medicine cabinet were just installed. The garage has a huge 12x16 deck on the left side & an attached storage room at the rear. With your imagination this house with its Bonus Area can become whatever you want it to be. Priced below Market Value to Sell! Seller will do no repairs as a result of any inspections. Offers will be reviewed as received & Seller has reserved the right to set an Offer Review Date in the future. Both the house & the bonus area feature plenty of storage & attic access. There are several access panels into the attics & the bonus area features a pulldown stairway in the bedroom area. This location Offers easy access to Route 5 the I-90, Route 219, our beautifully renovated downtown waterfront & the greater Buffalo Corridor.MORE PHOTOS TO COME!