47 Ruggles Street

Attention investors, flippers, and landlords! This spacious fixer-upper offers a rare opportunity to create strong cash flow just minutes from SUNY Fredonia, a residential university serving thousands of students in the village of Fredonia. The campus remains a major driver of local housing demand, making this property an attractive candidate for student housing, room rentals, or a long-term investment strategy. Featuring generous square footage, multiple bedrooms, and flexible living areas, the property provides the layout investors seek for a potential student-rental conversion. With renovations and updates, there is significant upside potential to increase rental income and overall property value. Highlights include: Walking or short driving distance to campus Strong value-add opportunity Potential for student housing, shared living, or traditional rental use (subject to local zoning and approvals) Large footprint with room reconfiguration possibilities Affordable entry point for investors seeking cash-flow potential Located in a college-town market with ongoing student and faculty housing needs Property is being sold as-is. Bring your vision, contractor, and renovation plans. Whether you're looking to expand your rental portfolio, execute a BRRRR strategy, or create a high-demand student rental property, this opportunity deserves a close look. Unlock the potential and transform this property into a high-performing income-producing asset near one of Western New York's established college campuses.