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$75,000

Beds
3
Baths
1.0
sq ft
1,050

5406 Reservoir Rd, Winnsboro, SC 29180

5406 Reservoir Rd

Winnsboro, SC 29180

  • 67 days on market
    • Price drop $5,000↓
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 $160K 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!A/C Unit (2014) Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Details

Property type

Single Family Residence

Lot size

1.00 acres

Price per sq ft

$72

Year built

1971

Price History

12/17/2024
ColumbiaSC

ColumbiaSC #595262

Price change
$75,000
-6.25%
11/15/2024
ColumbiaSC

ColumbiaSC #595262

Listed
$80,000
11/05/2024
ColumbiaSC

ColumbiaSC #595262

Pending
$80,000

Schools & Community

Elementary school: 

Fairfield

Middle school: 

Fairfield

High school: 

Fairfield Central

School district: 

Fairfield County

Similar Homes Nearby

ColumbiaSC
$82,200
3 bd
|
2 ba
|
1,404 sq ft
|
Manufactured

146 Kelly Miller Rd, Winnsboro, SC 29180

Status: Active

Tomo last checked: 12/22/2024 at 5:25 AM

Listing updated: 12/20/2024 at 9:10 AM

Listed by: Antoine Parker, JS Premier Real Estate LLC

MLS: ColumbiaSC #595262

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