Luxury Home Needing Minimal Work Priced Below Market

183 Connecticut Ave, Spartanburg, SC 29302

$620,000 After Repair Value -
$460,000 Asking Price -
$40,000 Cost of Repairs =
$120,000 Potential Profit

Property Details

Asking Price $460,000

After Repair Value $620,000

Costs of Repairs $40,000

Potential Profit $120,000

Living Area 3295 ft2

Property Type Unknown

Bedrooms 5

Bathrooms 4

Half Bathrooms 0

Parking 2

Listed with Agent No

Property Description

Large, high end home in the Converse Heights Historic District. The 5bd/4ba property was built in 1927 and some original fixtures are present. The bathroom and basement were recently remodeled for approximately $43,000. The 3,295 sf home features:

Double commercial steam shower
Primary bathroom is all marble
Cedar Wood
Remodeled in the last 10 years
31 high end windows, including a bay window in the front of the house
Plantation shutters
Architectural roof
Expanded all brick driveway
Granite countertops
Gas range
Hardwood floors

Repairs Needed

There are two overhang ceilings (exterior) and one bathroom that need to be repainted.


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