$80,000
- Beds
- 3
- Baths
- 1.0
- sq ft
- 1,050
5406 Reservoir Rd, Winnsboro, SC 29180
5406 Reservoir Rd
Winnsboro, SC 29180
- 2 days on market
This property presents a unique opportunity for investors seeking a project with substantial upside potential. While the home requires significant renovations, its prime location and spacious layout allows for the foundation for a lucrative return on investment. Key Features: Spacious Layout: The home boasts generous living spaces and a flexible floor plan, allowing for creative redesign and modernization. Prime Location: Situated on the outskirts of town in a desirable location with strong market demand, the property is conveniently located near amenities, schools, and transportation. Equity Potential: With the right renovations, this property can significantly increase in value, making it an ideal candidate for resale or rental investment. (Current Comps: ARV Ranges from $175K up to $235K depentant on renovations and current market status) well under the 70% rule for investors. Large Lot: The expansive yard provides opportunities for landscaping, outdoor living spaces, or potential expansions. This lot is adjacent to a drainage ditch providing compfort and rear seclusion. This is a remarkable opportunity for savvy investors to capitalize on a property with the potential to generate significant returns. Schedule a viewing today to explore the possibilities!
Details
Property type
Single Family Residence
Lot size
1.00 acres
Price per sq ft
$77
Year built
1971
Price History
10/16/2024
ColumbiaSC #595262
Listed
$80,000
Schools & Community
Elementary school:
Fairfield
Middle school:
Fairfield
High school:
Fairfield Central
School district:
Fairfield County
Status: Active
Tomo last checked: 10/18/2024 at 5:20 AM
Listing updated: 10/17/2024 at 8:50 PM
Listed by: Antoine Parker, JS Premier Real Estate LLC
MLS: ColumbiaSC #595262
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