Three-Bedroom Duplex with
160 Lovering Avenue Buffalo, NY 14216
160 Lovering Avenue, Buffalo, NY, 14216
$350,000
Pending
For Sale
$350,000
Pending
MULTI_FAMILY - Other - Buffalo, NY
Property Size2,592 SF
Lot Size0.12 Acres
Days on Market36
Property Features for 160 Lovering Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
- Parking features
- Garage
- Patio and Porch features
- Porch
- Interior features
- CeilingFans, Storage, NaturalWoodwork
- Exterior features
- Balcony, Fence, PrivateYard
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 140200-078-560-0001-005-000
- Size
- 2,592 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4347
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1926
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Vinyl, Carpet, Varies
- Building materials
- Brick, VinylSiding, CopperPlumbing
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing agency
Keller Williams Realty WNY
(716) 832-3300
Listed by
Jennifer E Manz · License #40MA0982275
(716) 984-7891
Added: Jun 17 Updated: Jul 15 at 2:07AM Checked: Jul 22 at 7:06PM
MLS# B1691044
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 3/3 duplex offers two separate residences with welcoming, owner-occupied character and original woodwork throughout. A front foyer provides separate access to both units. Each apartment features spacious living and dining areas with natural light, bright kitchens with abundant cabinetry and counter space, and well-proportioned bedrooms. The lower unit includes a versatile bonus front room that can serve as a home office, sitting room, or hobby space, while the upper unit has a private balcony. Both units have access to rear porches overlooking a manicured backyard. The full basement has glass block windows, separate storage areas, and individual laundry hookups. A massive walk-up attic provides substantial storage capacity and potential for future expansion, and the lower-unit stove is included. Updates include replacement windows completed between 2003 and 2007, a complete tear-off roof and new gutters in 2016, a new backyard fence in 2017, and reinforced back porches in 2026. A detached two-car garage also supports everyday convenience.
Located in North Buffalo at 160 Lovering Avenue, the property is described as being just steps from the shops, restaurants, cafes, and attractions along Hertel Avenue. Open houses are scheduled Saturday and Sunday from 1–3 PM.
Designed for either owner-occupants or rental operators, the layout supports privacy between units with separate access, individual laundry hookups, and outdoor space at both levels. The presence of a bright full basement and extensive attic storage may appeal to tenants and households who value functional flexibility alongside existing craftsmanship and recent exterior improvements.
Located in North Buffalo at 160 Lovering Avenue, the property is described as being just steps from the shops, restaurants, cafes, and attractions along Hertel Avenue. Open houses are scheduled Saturday and Sunday from 1–3 PM.
Designed for either owner-occupants or rental operators, the layout supports privacy between units with separate access, individual laundry hookups, and outdoor space at both levels. The presence of a bright full basement and extensive attic storage may appeal to tenants and households who value functional flexibility alongside existing craftsmanship and recent exterior improvements.
Key Highlights
- 3/3 double with separate access to both units via front foyer; each unit has living and dining rooms with natural light
- Upper unit includes a private balcony; both units have rear porches overlooking a fenced, private backyard
- Full basement with glass block windows plus separate storage areas and individual laundry hookups
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.9k | $15.00 |
| − Vacancy | −$2.1k | −$0.83 |
| EGI | $36.7k | $14.17 |
| − OpEx | −$11.0k | −$4.25 |
| NOI | $25.7k | $9.92 |
2,592 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$367.4K
$321.5K – $428.7K
NOI $25,719 @ 7.0% cap · market cap 7.35%
Second Best
Apartment 5plus
$338.4K
$296.1K – $394.8K
NOI $23,689 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$623.3K
$545.4K – $727.2K
NOI $43,633 @ 7.0% cap · market cap 12.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Move-in ready duplex with two 3-bedroom units, private balcony, rear porches, and separate laundry hookups.
Where is this duplex located?
The property is located at 160 Lovering Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3/3 double with separate access to both units via front foyer; each unit has living and dining rooms with natural light; Upper unit includes a private balcony; both units have rear porches overlooking a fenced, private backyard; Full basement with glass block windows plus separate storage areas and individual laundry hookups
