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    16 Lorraine Ave Buffalo, NY 14220

    Pending
    For Sale
    $229,000

    MULTI_FAMILY - Other - Buffalo, NY

    Property size:
    2,688 SF
    Lot size:
    0.10 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 16 Lorraine Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 2, Basement, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 6
    Bedrooms
    6
    Bathrooms
    2
    APN
    140200-133-400-0005-057-000
    Parking features
    Garage
    Patio and Porch features
    Patio
    Exterior features
    Fence, Patio
    Fencing
    Fenced
    Appliances
    GasWaterHeater
    Size
    2,688 SF
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1927
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Hardwood, Tile
    Building materials
    WoodSiding
    Roof type
    Asphalt
    Architectural style
    Other

    Keller Williams Realty Buffalo Northtowns (716) 832-3300 [email protected]

    Listing agent Jennifer R Goetz (716) 832-3300 License #10301223110

    Listing date Oct 8, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charming Buffalo Multi-Family Residence

    Located off McKinley Ave in Buffalo, New York, 16 Lorraine Avenue presents an investment opportunity or potential owner-occupied residence. This multi-family property is a 3/3 double, situated a short walk from Cazenovia Creek. The property retains traditional Buffalo architectural charm, featuring original hardwood floors, decorative fireplaces, and a functional layout. The building has a total size of 2688 square feet and is set on a 0.1013-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.816384
    Latitude
    42.846299

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    FAQs

    What type of property is this?
    Duplex - Investment opportunity near Cazenovia Creek with traditional architectural details.
    Where is this duplex located?
    The property is located at 16 Lorraine Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: - Investment opportunity or owner-occupied double.; - Located near Cazenovia Creek.; - Original hardwood floors add character and charm.
    (716) 832-3300
    Request Owner's contact information
    16 Lorraine Ave Buffalo, NY 14220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 Lorraine Ave Buffalo, NY 14220
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