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New Homeowner Curious About Copper Pipe in Basement (w/ Photos)

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Hi all:

New prospective homeowner going through inspection. House is over 100 years old but has been meticulously cared for. We were informed that there was an above-ground oil tank in the basement at some point but that it was removed years ago. However, in the basement is a thin copper pipe (picture 1). We traced the copper pipe into the basement cement (picture 2), where it disappears.

My first question is can someone explain why an above ground tank would have this copper pipe buried...

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