Bailey-Lovejoy Homes under $200,000

Bailey-Lovejoy Homes under $200,000

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Newest Bailey-Lovejoy Homes under $200,000

81 Moreland Street, Buffalo
$149,900
4 Beds ⋅ 2 Baths ⋅ B1718142 MLS
Originally built as a two-family home and later converted to a single family, this property gives you a choice most listings can't: move in and make it yours, or explore returning it to its duplex roots and let a second unit help pay the mortgage. For first-time investors looking for a manageable entry point, or buyers ready to trade a little sweat equity for a lot of value, this is where it starts. The character is already here. A small mud room greets you at the front door. The kitchen is anchored by a built-in hutch with leaf-patterned glass cabinet doors, the kind of original detail you can't buy at a big box store. Wood-look flooring runs through the living and dining rooms, and a first-floor bedroom offers flexibility for guests, a home office, or one-level living. The upstairs leads to three more bedrooms under charming sloped ceilings, plus a convenient half bath. The full bath features a unique octagon window. Out back, an enclosed rear porch opens to a deep, fully fenced yard with room for gardens, gatherings, and weekend projects. Behind the scenes, a high-efficiency furnace and updated water heater give you a head start on the systems side with a dry basement. Yes, it needs some love. That's exactly why it's an opportunity. Bring your vision, your tool belt, or your investment calculator, and see what 81 can become. Camera/recording device on premises. Seller reserves the right to set offer deadline date.

81 Moreland Street, Buffalo

301 Davey Street, Buffalo
$100,000
7 Beds ⋅ 3 Baths ⋅ B1714954 MLS
Rare opportunity at 301 Davey St: two completely separate single-family homes on one lot — not a traditional duplex — each with fully independent living space and no shared common areas (no shared basement, attic, or hallways), a setup uncommon in this market and typically a premium feature for both owner-occupant house-hackers and investors. The front home is vinyl-sided with 4 bedrooms and 1.5 baths (3 bedrooms plus a full bath on the first floor, 1 bedroom plus a half bath on the second). The rear home is clad in cedar shake and offers 3 bedrooms and 1 bath (2 bedrooms on the first floor, 1 on the second) and is currently occupied by a long-term month-to-month tenant of 10+ years at $1,000/month. Each home has its own separate gas and electric meters, with one shared water service for the lot. Electric service was updated within the last year on circuit breakers. Heat is provided via wall-mounted space heaters (one in the front home, two in the rear). The lot measures 30' x 134', and while the tax record shows 2,102 gross square feet, the actual livable footprint may run higher, offering potential upside for a buyer. There's no off-street parking, but street parking is plentiful in the area. Using conservative rent projections of $1,200 for the front home and $1,000 for the rear, and after accounting for operating expenses, vacancy and collection loss, repairs, management, taxes, water, and insurance, this property supports an estimated value near $115,000 at a 15% cap rate, making the $100,000 asking price highly competitive against area sold comparable sales and a strong opportunity for a buyer looking for two single-family rentals under one roof of ownership.

301 Davey Street, Buffalo

145 N Ogden Street, Buffalo
$149,000
4 Beds ⋅ 2 Baths ⋅ B1712748 MLS
Historic Charm, Generous Space & Endless Possibilities in Buffalo’s Lovejoy Neighborhood. Step into a piece of Buffalo history at 145 North Ogden Street, a spacious home offering over 2,000 square feet of living space, a double lot, and plenty of room to make it your own. Located in the heart of Buffalo’s Lovejoy/Iron Island neighborhood, this unique property has a story to tell. Generations of neighborhood children remember visiting the candy store that was once attached to the home, adding a special piece of local history and character. The home features 4 bedrooms and 2 full bathrooms, with three bedrooms located on the second floor. An additional loft style area offers in-law or flexible living potential and currently includes a sink and access to a full bathroom. The first floor offers an eat-in kitchen, along with spacious living and dining areas. The former store space provides an exciting opportunity for the next owner—use it as a home-based business location, office, studio, recreation room, family room, or additional living space. The possibilities are limited only by your imagination. A convenient 15' x 12' first-floor laundry/mudroom adds functionality and storage, while the full basement provides even more room for storage, hobbies, or future use. A partial attic and abundant storage throughout the home make it easy to accommodate a growing household. Outside, the property sits on a double lot with a private yard and a detached two car garage, providing valuable outdoor space, parking, and additional storage. With its generous size, flexible floor plan, double lot, garage, and unique connection to Buffalo neighborhood history, 145 North Ogden Street offers an excellent opportunity for an owner-occupant, investor, or someone looking for a property with room to grow and personalize. Seller will entertain all offers! Bring your vision and take advantage of this rare opportunity to own a property with both character and potential in Buffalo’s Lovejoy/Iron Island neighborhood.

145 N Ogden Street, Buffalo

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