INVESTOR OPPORTUNITY | 112 Rano Street, Buffalo, NY 14207 | Listed at $5,000
Investors and builders this is the kind of deal the Buffalo market rarely offers. A fire-damaged single-family home priced at just $5,000, with a clear path to a fully renovated 4-bedroom, 1.5-bath home and an after-renovation value well above $250,000. Two recent comparable sales in the same area at $257,000 and $265,000 confirm the upside.
The current owner has already secured building plans for the full redevelopment, saving you time and planning costs before the work even begins. The fire was largely contained to the front of the home, and much of the existing exterior is considered salvageable, a significant advantage for your renovation budget.
A substantial amount of demolition work has already been completed, so you can move directly into the rebuild phase. The property also features a 2-car detached garage, off-street parking, and a full basement.
What the property needs:
Structural framing work — roof joists and trusses need to be rebuilt prior to new roof installation, full interior rehabilitation consistent with the fire damage scope, & completion of build-out per the existing redevelopment plans.
Property Details:
Post-Rehab Layout: 4 Bedrooms / 1.5 Bathrooms
Sq Ft: 1,161
Garage: 2-Car Detached
Parking: Off-Street
Basement: Full
Building Plans: Included
? Offer Deadline: Thursday, April 30th at 5:00 PM.
