$5,000

FOR SALE

112 Rano Street

Buffalo, Ny, 14207

MLS #B1674907

Subdivision: -

Building: -

3 Beds

1/- Baths

1161 sqft

$ 4.31 /sqft

Property Details

INVESTOR OPPORTUNITY | 112 Rano Street, Buffalo, NY 14207 | Listed at $5,000Investors 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 BathroomsSq Ft: 1,161Garage: 2-Car DetachedParking: Off-StreetBasement: FullBuilding Plans: Included? Offer Deadline: Thursday, April 30th at 5:00 PM.

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
No
Membership Fees
-
Appliances
GasWaterHeater,SeeRemarks,WaterHeater
Restrictions
-
Furnished
-
Flooring
Other,SeeRemarks
No. of Floor
-
Terms Considered
Cash
Year Built
1917
Cooling
Other,SeeRemarks
Pets Allowed
-
Amenities
-
Interior
Other,SeeRemarks,BedroomOnMainLevel
Maintenance Fee Includes
-
Governing Bodies
-
Construction
Other,SeeRemarks,VinylSiding,WoodSiding
Security
-
Heating
Gas,Other,SeeRemarks,None
Garage/Carport
2
Dining Area
-
Exterior
BlacktopDriveway
Pet Restrictions
No
Parking
Detached,Garage
Application Fee
-
Water Access
-
Pool
No
Gated Community
-
Status
A
Listing Office
Giambra Realty Corp

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Listing Courtesy of: Giambra Realty Corp