Property summary
This three-story, nine-unit apartment building located at 1146 E Lovejoy St, Buffalo, NY 14206, presents a compelling investment opportunity. The property is zoned N-3C and offers a current cap rate of 8.4%, indicating strong rental income potential. The building's prime location in the heart of Lovejoy provides convenient access to local amenities, enhancing tenant desirability and occupancy rates. The well-maintained condition of the building further contributes to its attractiveness as a stable investment. With nine units spread across three floors, this multifamily property offers a diversified income stream and potential for future growth. The asking price is $750,000. This property is ideally suited for investors seeking a high-yield, low-maintenance investment in a thriving urban neighborhood. Its strong performance and location make it a smart buy with significant long-term upside potential. The property's current success and the potential for further value appreciation make it an attractive addition to any investment portfolio. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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