$69,000

408 South Madison Street, Rome, NY 13440

  • 3 beds |
  • 2 baths |
  • 2,534 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $27/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Investor Alert!!! This spacious 3-bedroom, 2-bath home sits on a generous double city lot and offers incredible potential for the right buyer. The property was impacted by last year’s tornado and has since been deemed uninhabitable by the City of Rome due to roof and rafter damage. During inspections, portions of the kitchen and ceiling were removed for asbestos remediation. The layout includes an unfinished area with a private entrance—ideal for conversion into a small income-producing apartment, an in-law suite, or additional living space. Features include replacement windows and ample square footage to reimagine the property to your vision. Cash-only or Rehab Loan only sale. Property requires renovation and is being sold as-is. A prime opportunity for experienced investors or builders looking to bring new life to a structurally promising home in a desirable area close to shopping, main roadways, parks.

Listing Status:
Active
Date Added:
July 21, 2025 at 05:00AM
Listing Office:
Hunt Real Estate ERA : 315-801-9705
Listing Agent:
Ciro Raspante : 315-796-4741
MLS ID:
S1624174
  • General: Eat-in KitchenOtherSee Remarks
  • Appliances: Electric Water HeaterGas OvenGas RangeRefrigerator
  • Basement: Full
  • Flooring: CarpetLaminateVaries
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0

This listing courtesy of Ciro Raspante, Hunt Real Estate ERA

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gansevoort Elementary School

758 W Liberty St, Rome, NY, 13440

Grades KG-6

0.72 miles away

L

Lyndon H Strough Middle School

801 Laurel St, Rome, NY, 13440

Grades 7-8

1.31 miles away

R

Rome Free Academy

95 Dart Cir, Rome, NY, 13441

Grades 9-12

2.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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