Handyman Special & Extra Lot Only $29,900 in Lancaster
We have a 3 bed 1 bath house AND an EXTRA LOT for sale for the low cash price of $29,900!
This house just needs a little TLC and it will be a very nice place to live in or rent out! This is a great deal and it will go FAST!
This property has the potential to rent out for $500-600 a month, or you can fix it up and live in it yourself!
There is an ESTIMATED amount of repairs of around $2K-4K (+/-)
The living space is 1,517 sqft (+/-) and the lot size is 0.41 acres (+/-)
There is an extra lot included, this lot is 0.15 acres (+/-) and the city has advised you could put a mobile home on it. There is already a water tap at the road that it can be hooked up to.
This extra lot is valued around $8K-10K by itself.
The extra lot would allow you to have extra monthly income!
Other similar houses in the area have recently sold for around $60K-63K.
Some updates and repairs have already been done to the house. The front porch has been re-decked. Kitchen had new vinyl put down. Bathroom had sub floor and vinyl put down. The house is currently being painted.
Here are some potential updates/repairs that are needed. Some facia needs to be repaired/replaced. Kitchen floors need to be done again. Hardwood floors could be refinished. Ceiling tiles in all rooms are coming down, needs attention. Walls need some attention. House would need a deep cleaning.
This house is on a VERY nice, corner lot. There are sidewalks around house and they are in good shape. Covered front porch. Roof is about 10 years old. There are 2 chimneys, but the fireplaces are blocked by metal, they are not used. There are 4 rooms that have fireplaces in them. They are double fireplaces but they are not see through, they just use the same chimney. Walnut hardwood floors, very sturdy. Ceilings are very tall. Window units for air. Gas furnace in the attic about 5 years old, the gas furnace is not used but it does function.
Current tenants are not on a lease, they are month to month so you can keep them or move in yourself.
Gas hot water heater under the house that is not used. There is an electric hot water heater that is used in the kitchen. Washing machine is in the kitchen as well. Standing room under the house. There is a small room that could easily be turned into a bathroom, this would make the house a 3 bed 2 bath. Lots of room for increase in rent and value.
Our properties need updates/repairs and are offered at a deep discount for a fast cash sale.
Because our properties need repairs, they do not qualify for traditional financing.
Please call Lorraine at 803-610-2164 or email Lorraine@investorsrehab.com for the address and more details.
We have been providing deep discounted properties in the Carolina’s for over 30 years.
See more wholesale discounted properties and get on our buyers list for future deals at www.InvestorsRehab.com.