1258
Sq Ft
SFR
Property type
4
Beds
2 full
Baths
Description
INCREDIBLE OPPORTUNITY in Buffalo's thriving Riverside/Black Rock neighborhood! This 1,258 SF single-family home at 107 Ullman Street is priced at just $50,000, a fraction of what similar renovated homes in the area are selling for ($260K+). This property has been a successful investment for over a decade, proving the strength of this family-friendly neighborhood that's become a safe haven for first-generation homebuyers. Some of the heavy lifting on major systems is DONE: 1-year-old tear-off roof, 1-year-old hot water tank, and 4-year-old furnace. You also get copper plumbing supply lines throughout, a full basement perfect for storage or future finishing, and off-street parking. Lead abatement program was completed in 2017 with $25K-$30K invested in exterior improvements and lead-safe work (documentation available). WHY IS THE SELLER SELLING? After 24 years as a professional real estate investor in Buffalo, this Seller is retiring from property management and has relocated out of state. He purchased this property in 2015 for $27,500, maintained it well as a rental, and now it's time to pass the opportunity to the next investor or homeowner. This isn't a distressed sale - it's a strategic exit by a successful investor moving to the next chapter of life. Property is being sold AS-IS. Cash offers preferred but financing offers will be considered. This is priced to move FAST and generate multiple offers. With only 3 single-family homes under $100K currently available in all of 14207, competition will be strong. **OFFER DEADLINE: Thursday, February 26th at 5:00 PM.** All offers will be reviewed together after the deadline. Proof of funds required with all offers. Professional home inspection recommended. Survey from 2015 and lead abatement documentation available. Property has been cleared of code violations. Don't miss your chance to build wealth in one of Buffalo's most promising neighborhoods. Whether you're a first-time buyer ready to build instant equity or an investor looking for your next project, this is the opportunity you've been waiting for. This one won't last!
