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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,161 sqft
Price per Sqft $4
MLS Listing ID B1674907
Style Cape Cod,Two Story
Bedrooms 3
Full Baths 1
Construction Status Existing
HOA Y/N No
Year Built 1917
Annual Tax Amount $1,189
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 35X137
Property Sub-Type Single Family Residence
Property Description
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.
Location
State NY
County Erie
Area Buffalo City-140200
Direction On Rano, off of Tonawanda Street
Rooms
Basement Full
Main Level Bedrooms 1
Interior
Interior Features Other, See Remarks, Bedroom on Main Level
Heating Gas, Other, See Remarks, None
Cooling Other, See Remarks
Flooring Other, See Remarks
Fireplace No
Appliance Gas Water Heater, See Remarks, Water Heater
Laundry Main Level
Exterior
Exterior Feature Blacktop Driveway
Parking Features Detached
Garage Spaces 2.0
Utilities Available Electricity Available, Sewer Connected, Water Connected
Roof Type Asphalt,Other,See Remarks
Garage Yes
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Foundation Block
Sewer Connected
Water Connected, Public
Architectural Style Cape Cod, Two Story
Structure Type Other,See Remarks,Vinyl Siding,Wood Siding
Construction Status Existing
Schools
School District Buffalo
Others
Senior Community No
Tax ID 140200-077-650-0005-058-000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Virtual Tour https://www.giambrateam.com/listings/548733315432
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