1140 E Lovejoy St Buffalo, NY 14206
Lovejoy NeighborhoodEstimated payment $4,225/month
Highlights
- 0.2 Acre Lot
- Property is near public transit
- Forced Air Heating and Cooling System
- City Honors School At Fosdick Masten Park Rated A
- Corner Lot
- 5-minute walk to Hennepin Park
About This Home
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.
Listing Agent
Listing by Nichol City Realty Brokerage Phone: 716-480-8117 License #10491201898 Listed on: 04/13/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,930
Year Built
- Built in 1950
Lot Details
- 8,710 Sq Ft Lot
- Lot Dimensions are 67x130
- Corner Lot
- Rectangular Lot
Parking
- 2 Car Garage
- Parking Available
- Common or Shared Parking
Home Design
- Block Foundation
- Vinyl Siding
- Copper Plumbing
Interior Spaces
- 6,105 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Location
- Property is near public transit
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Tax Lot 33
- Assessor Parcel Number 140200-112-420-0004-033-100
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Gas Meters
- Gross Income $120,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $902 | $301,000 | $34,800 | $266,200 |
| 2024 | $902 | $161,000 | $27,400 | $133,600 |
| 2023 | $816 | $161,000 | $27,400 | $133,600 |
| 2022 | $810 | $161,000 | $27,400 | $133,600 |
| 2021 | $810 | $161,000 | $27,400 | $133,600 |
| 2020 | $462 | $161,000 | $27,400 | $133,600 |
| 2019 | $2,307 | $60,000 | $13,400 | $46,600 |
| 2018 | $2,133 | $60,000 | $13,400 | $46,600 |
| 2017 | $348 | $60,000 | $13,400 | $46,600 |
| 2016 | $1,974 | $60,000 | $13,400 | $46,600 |
| 2015 | -- | $60,000 | $13,400 | $46,600 |
| 2014 | -- | $60,000 | $13,400 | $46,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/13/2026 04/13/26 | For Sale | $699,900 | -- | $115 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $165,000 | Commercial | |
| Closed | $200,000 | Unknown |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1669845
APN: 140200-112-420-0004-033-100
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.
- 199 Benzinger St
- 213 Benzinger St
- 1121 E Lovejoy St
- 1115 E Lovejoy St
- 234 Benzinger St
- 153 Ideal St
- 238 Benzinger St
- 140 Benzinger St
- 253 Benzinger St
- 128 Benzinger St
- 225 Longnecker St
- 236 Davey St
- 257 Ideal St
- 253 Gold St
- 133 Gold St
- 147 Longnecker St
- 1063 E Lovejoy St
- 233 Davey St
- 240 Longnecker St
- 259 Davey St
- 226 Longnecker St
- 214 Ludington St
- 314 Davey St Unit 314 Davey Upper
- 111 Dempster St
- 18 Goethe St Unit LF - Lower Front
- 220 Michael Ave
- 134 Colby St Unit 1
- 979 Walden Ave
- 1037 Walden Ave Unit 4
- 1368 Harlem Rd
- 96 Academy Rd
- 221 Cable St Unit REAR
- 2445 William St Unit LowerUnit-2BR
- 2445 William St Unit Upper Front- 2BR
- 408 Koons Ave Unit Lower
- 1234 Clinton St
- 181 Willett St
- 97 Kilhoffer St
- 65 Domedion Ave
- 325 Box Ave
Ask me questions while you tour the home.