USANYBuffalo1140 E Lovejoy Street
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$699,900

For Sale

2 days ago

1140 E Lovejoy Street, Buffalo, NY

House

MLS® B1669845

4 Bed

1 Bath

6105 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 6105 sqft
Garage Yes
Taxes $4,930
Days Active 2
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $114
MLS® Number B1669845

Property Address: 1140 E Lovejoy Street, Buffalo, NY, 14206

Average square foot calculated using Size range provided by listing agent.

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) 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.
MLS® NumberB1669845
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1950
BasementFull, Sump Pump
DrivewayCommon, Paved, Parking Available, Two Or More Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 13, 2026List Date
$699,900List Price
  • Commute

Commute

Starting Address
Destination Address
1140 E Lovejoy Street, Buffalo, NY

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