3 bed 1 bath home for $29,900 in Terre Haute, IN!
The estimated amount of repairs needed is 10k – 15k (+/-) depending on finishes.
Similar size homes in the area with the same beds and bath recently sold for $70,000 to $80,000.
This house is 1,400 (+/-) sqft and is on a 0.237 (+/-) acre lot.
Home has working gas stove, refrigerator/freezer, washer/dryer, electric furnace/central AC, and electric water heater. Roof is only 5 years old and has no problems. The house has a 1/4 basement. The bathroom was remodeled 5 years ago with a new sink, toilet, shower surround, and shower fixtures. There is a 1 1/2 to 2 car garage in the back. The utilities are on. House is livable, you could move in today.
Here are some potential updates/repairs needed. Interior paint and flooring could be done. Along with a few other minor cosmetic repairs. A cleaning would improve the interior considerably. A couple windows need replaced. The back porch posts could be painted. The exterior window frames and shutters could be painted and the siding washed. The garage could use some minor repairs.
This home could potentially rent for $900/mo.