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  • $699,900

    1140 E Lovejoy St, Buffalo, NY 14206

    4beds
    6,105sqft
    Loading
    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $115/sqft
    $-- HOA

    What's special

    Brand new dexter dryersNew encore washers
    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.
    121 days
    |
    176
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nichol City Realty 716-288-5484,

    Shannon L McNichol 716-480-8117

    Source: NYSAMLSs,MLS#: B1669845MLS LogoOriginating MLS: Buffalo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Gas, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Carpet, Laminate, Varies, Vinyl
      • Basement: Full,Sump Pump
      • Has fireplace: No
      Interior area
      • Total structure area: 6,105
      • Total interior livable area: 6,105 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Common, Paved, Parking Available, Two or More Spaces
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 67 x 130
      • Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot
      Details
      • Parcel number: 1402001124200004033100
      • Zoning description: Commercial
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding, Copper Plumbing
      • Foundation: Block
      • Roof: Flat,Membrane,Rubber
      Condition
      • Resale
      • Year built: 1950

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Connected
      • Water: Connected, Public
      • Utilities for property: Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Security System Owned
      Location
      • Region: Buffalo

      Financial & listing details

      • Price per square foot: $115/sqft
      • Tax assessed value: $301,000
      • Annual tax amount: $4,930
      • Date on market: 4/13/2026
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/13/2026Listed for sale$699,900+1328.4%$115/sqft
        Source: NYSAMLSs #B1669845 Report a problem
        6/15/2001Sold$49,000$8/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $301,000 +87%
        2024-- $161,000
        2023-- $161,000
        2022-- $161,000
        2021-- $161,000
        2020-- $161,000 +168.3%
        2019-- $60,000
        2018-- $60,000
        2017$1,696 +387.4%$60,000
        2016$348 $60,000
        2015-- $60,000
        2014-- $60,000 -7.7%
        2005-- $65,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lovejoy

        Getting around

        66 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Buffalo

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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