Great opportunity for you to get a home for around the price of land!!! So many options with this property. Buy and hold with the current tenants. Renovate and even add additional space and amenities for yourself or higher rents. Or use the lot to build multiple high priced homes like across the street. You could do one of these things or all of them. Or come up with a better plan of your own! This location has new construction all around it and land values have been going up dramatically for years and this year is no exception!
The home itself is small and has a lot of character. The original oak floors are there to be restored, the roof and siding is in good shape, the front porch is a prime location to kick back and the yard allows for more structures or a shaded sanctuary. The home is mostly original and does need work. It is being sold as is. The great price will give you the opportunity to make improvements that add value and put your mark on it!