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$699,900
4 Beds
1 Bath1 full bath
6,105sqft
1140 E Lovejoy St, Buffalo, NY 14206
$699,900
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Multi Family
Built in 1950
$-- HOA
0.2 acre lot
$115/sq.ft
Description
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) n...
Continue Reading- Houzeo last checked: 3 hours ago
- Listing updated: April 14, 2026 at 5:14 pm
- Listing Provided by: Shannon L McNichol (716) 480-8117 DRE #10491201898 | Nichol City Realty (716) 288-5484
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: B1669845
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1950
HOA Fees
-
Finished Area
6,105 sqft
Lot Size
0.2 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
B1669845
MLS Status
Active
Days on Market
101
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