๐ #1 Flip Market: Desperate Seller + 262-Day Foreclosure
Panicked sellers in Americaโs #1 market for flipping returns!
Buffalo, New York, is a powerhouse for house flippers, boasting the nation's highest average ROI at 102.1% in Q1 2025.
This week's opportunities include a turnkey duplex where the owner keeps flip-flopping between rental and sale markets since September.
Plus a foreclosure special that's been stagnant for 262 days with legal proceedings active.
Also an auction mystery with unclear status despite $91K unpaid balance and massive development lot.
And a motivated seller who just chopped $25K after multiple failed closings since January.
Free readers get the flip-flopping duplex analysis.
Paid subscribers get all 4 distressed property breakdowns
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Distressed Deals of The Week
๐ Turnkey Duplex - Premium Play
6-bed, 2-bath duplex | 2,112 sq ft | $136/sqft | Fresh renovations with modern kitchens and updated baths throughout.
Owner flip-flopping between rental and sale since September = motivation brewing for serious buyers with $288K ready.
โ๏ธ Foreclosure Special - Legal Lottery
7-bed, 2-bath multifamily | 2,272 sq ft | $62/sqft | 262 days on market with foreclosure proceedings active since November.
$1,626/month rent potential + 3,390 sq ft lot = massive upside for legal eagles who can navigate the courthouse maze.
๐ฒ Auction Mystery - Status Unknown
6-bed, 3-bath multifamily | 2,708 sq ft | $70/sqft | September auction scheduled with $91,356 unpaid balance but current status unclear.
$2,037/month rent estimate + 6,982 sq ft development lot = huge potential for foreclosure specialists with cash and courage.
๐ธ Motivated Seller - $25K Chop
9-bed, 4-bath quadruplex | 4,152 sq ft | $60/sqft | Multiple failed sales since January, just dropped from $274,900 to $249,900.
Riverside location + 3-car garage + corner lot visibility = solid fundamentals for cash buyers.
391 Hoyt St, Buffalo, NY 14213
๐ 6 beds, 2 baths | 2,112 sq ft | $288,000
Fully renovated duplex on Buffalo's West Side.
Two 3BR units with modern kitchens, updated baths, recessed lighting.
At $136/sqft, this is premium-priced but represents turnkey rental opportunity.
๐ก Pro Tip:
This property has been cycling between rental ($1,300/mo) and sale markets since September 2024.
The current $288K ask represents a significant premium over the $274K Zestimate, but recent renovations and 504 views in just 2 days suggest strong market interest.
The rent-to-sale pivot indicates owner testing maximum value extraction.
๐ฐ Financial Snapshot
Est. Market Value: $274,300 Zestimate (range: $247K-$304K)
Purchase Status: Fresh listing (2 days on market)
Current Ask: $288,000 (5% above Zestimate)
Layout: 6 bed / 2 bath duplex (3BR/unit configuration)
Building Size: 2,112 sq ft
Lot Size: 2,614 sq ft (29x90)
Year Built: 1910 (115 years old)
Price per Sq Ft: $136/sqft
Rent Zestimate: $1,354/mo (low vs recent $1,300 asking rents)
Annual Taxes: $1,940 (0.67% effective rate)
HOA: None
โ ๏ธ Heads Up
Priced 5% above Zestimate despite strong comparable range
No parking/driveway in urban West Side location
Recent rental history at $1,300/mo suggests Rent Zestimate may be optimistic
๐ Best for:
Turnkey investors seeking immediate rental income
Owner-occupants wanting live-in duplex with rental offset
Flexible buyers (Cash/Conventional/FHA/VA accepted)
Why it works:
Move-in ready. No immediate repairs needed.
Strong early buzz (504 views, 49 saves in 2 days)
Full basement = storage + potential expansion
West Side location benefits from Buffalo's ongoing revitalization