1140 East Lovejoy Street
Buffalo, NY, 14206
$699,900
4 Beds
1 Baths
6,105 SqFt
0.2 Acres
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MLS #B1669845 image #0
Hard to find investment opportunity! Stately commercial mixed use building to include popular neighborhood laundromat business and huge 4 bedroom apartment. Laundromat income ranges between $1500-$2200 weekly. Upper apartment is rented at $1495/mo. Garage is rented at $300/mo. A room in the basement is rented at $100/week. Total yearly building revenue is approx. $120,000 which puts this investment at a desirable 13% CAP rate. Laundromat revenue could be much higher with proper adverting and Google SEO. Very little competition nearby. Brand new Dexter dryers and new Encore washers were just installed March 2026. To be installed are (3) brand new Dexter 80lb washers, (3) newer 60lb washers, and (2) newer 40lb washers. Laundromat prices could also be increased – they have not been increased in many years. Upper apartment is recently updated. All laundromat equipment is sold as-is. Showings of the laundromat can be done any time. Upper apartment needs a 24 hour notice after a first showing of the business. Also listed as commercial B1673316.

Property Details

Price:
$699,900
MLS #:
B1669845
Status:
Active
Beds:
4
Baths:
1
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Bailey-Lovejoy
Neighborhood:
buffalocity140200
Listed Date:
Apr 13, 2026
Finished Sq Ft:
6,105
Total Sq Ft:
6,105
Lot Size:
8,710 sqft / 0.20 acres (approx)
Year Built:
1950
Units:
1
Buffalo City-140200Buffalocity140200Bailey-lovejoyBuffalo

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Schools

School District:
Buffalo

Interior

Appliances
Gas Water Heater
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Carpet, Laminate, Varies, Vinyl
Heating
Gas, Forced Air
Levels
Two

Exterior

Construction Materials
Vinyl Siding, Copper Plumbing
Garage Spaces
2
Lot Features
Corner Lot, Near Public Transit, Rectangular, Rectangular Lot
Parking Features
Common, Paved, Parking Available, Two Or More Spaces
Roof
Flat, Membrane, Rubber
Security Features
Security System Owned
Stories
2

Financial

Taxes
$4,930

Map

Community

Subdivisions in Buffalo

Market Summary

Current real estate data for Multi Family in Buffalo as of Apr 22, 2026
325
Multi Family Listed
88
Avg DOM
97
Avg $ / SqFt
$304,650
Avg List Price

Property Summary

    1140 East Lovejoy Street Buffalo NY is a Multi Family for sale in Buffalo, NY, 14206. It is listed for $699,900 To schedule a showing of MLS#b1669845 at 1140 East Lovejoy Street in Buffalo, NY, contact your Concrete Jungle Realty agent at 3472420937.

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1140 East Lovejoy Street
Buffalo, NY