3 Bed, 2 Bath

Sold AS IS. Great Rental Potential. Cash or In-House Bank Loan Only.
This brick ranch-style home in Greenville presents a compelling opportunity for investors, landlords, or buyers seeking a value-add project with long-term upside. With 3 bedrooms, 1 full bath, and 1 half bath, a functional single-level layout, and 1,509 square feet of living space, the property offers the size, structure, and configuration that renters consistently look for—paired with an attractive entry point for those ready to put in work and realize returns.

Built in 1964, this residence sits on a 9,187.5 sq ft lot (75 x 122.5) and features a brick veneer exterior, slab foundation, and composition roof—a solid starting point for a renovation strategy focused on durability and long-term ownership. The home needs repairs and updates, but the fundamentals are in place, making it an excellent candidate for a buy-and-hold rental, light-to-moderate rehab, or portfolio expansion in an accessible market.

Investment Highlights at a Glance

AS-IS Sale – Ideal for investors and renovation-minded buyers

3 Bedrooms / 1.5 Baths – A high-demand rental configuration

1,509 Sq Ft – Generous size for this property class

Brick Veneer Ranch – Durable exterior with classic curb appeal

Central Heating & Electric Cooling – Core systems present

Public Water & Sewer – Simplifies operations and maintenance

Porch + Fenced Backyard – Tenant-friendly outdoor features

Chain-Link Fence – Practical and functional for pets or privacy

Cash or In-House Bank Loan Only – Streamlined acquisition path

Strong Rental Potential – Layout and size support steady demand

Layout Designed for Everyday Living

The home’s ranch-style, single-level layout is a major advantage for renters and owners alike. Single-story homes appeal to a broad tenant base, including families, retirees, and long-term renters who value accessibility and ease of use.

Inside, the property offers:

Three well-proportioned bedrooms, allowing flexibility for families, roommates, or home-office setups

One full bathroom and one half bathroom, improving convenience and livability—especially important for rental performance

A breakfast area/dining space, ideal for casual meals and everyday functionality

A comfortable living area that can be refreshed to create a welcoming centerpiece of the home

The vinyl flooring throughout provides a practical foundation for a rental renovation strategy—easy to replace or upgrade with durable, tenant-friendly materials. Aluminum-frame windows are already in place, offering a starting point for efficiency improvements or cosmetic updates.

Exterior Features That Add Rental Appeal

Outside, the property continues to offer features that renters appreciate and investors value:

A front porch, adding charm and outdoor living space

A chain-link fenced backyard, ideal for pets, children, or simply enjoying private outdoor space

Concrete parking with uncovered spaces, keeping maintenance simple while meeting everyday parking needs

The brick veneer exterior not only enhances curb appeal but also reduces long-term maintenance costs compared to siding-heavy properties—an important consideration for investors planning to hold the asset over time.

Utilities & Core Systems

The home is connected to public water and public sewer, removing the complexities and potential expenses associated with wells or septic systems. It features central heating and electric cooling, which are familiar, serviceable systems that can be repaired or upgraded as part of a renovation plan.

While the property does need work and repairs, the presence of these core utilities allows investors to focus on improvements that add value rather than installing entirely new infrastructure.

Financial Snapshot & Market Positioning

Price per square foot: Approximately $13/sq ft, highlighting the value-add nature of this opportunity

Tax assessed value: $63,460

Annual property taxes: $2,127

Date on market: 9/27/2025

This pricing positions the property well below replacement cost, giving investors room to renovate, stabilize, and still maintain a favorable basis. In markets where rental demand remains steady, homes with three bedrooms and over 1,500 square feet often perform strongly once brought up to standard.

Renovation & Value-Add Potential

This property is best suited for buyers who understand the power of strategic renovation. With updates to flooring, paint, fixtures, kitchen, and bathrooms, the home can be repositioned as a clean, functional rental that appeals to long-term tenants.

Potential value-add strategies include:

Updating kitchens and baths with durable, rental-grade finishes

Refreshing interior paint for a modern, neutral look

Enhancing curb appeal with minor landscaping and exterior touch-ups

Improving lighting and fixtures to increase perceived value

Addressing deferred maintenance to reduce future operating costs

Because the home is sold AS IS, buyers have the freedom to plan improvements according to their own standards and budget—rather than paying a premium for someone else’s renovation choices.

Ideal Buyer Profile

This property is a strong fit for:

Real estate investors building or expanding a rental portfolio

Cash buyers seeking discounted assets with upside

Buyers using in-house bank financing familiar with renovation projects

Landlords looking for a solid 3-bedroom rental in Greenville

It may be less suitable for owner-occupants seeking move-in-ready condition, but for investors, the numbers and structure tell a compelling story.

Location – Greenville

Located in Greenville, the property benefits from access to local amenities, services, and employment centers that support consistent rental demand. Brick ranch homes with multiple bedrooms are a staple of the rental market, particularly when priced correctly and maintained to a solid standard.

Important Terms & Showing Information

Sold AS IS

Property needs work and repairs

Cash or In-House Bank Loan Only

For buyers ready to evaluate the opportunity in person, showings are available by contacting:

Final Thoughts

Opportunities like this—solid structure, desirable layout, and strong rental potential at an accessible price point—are increasingly hard to find. This Greenville brick ranch offers the chance to acquire a sizable home, make targeted improvements, and position it for long-term income or future resale.

If you are an investor who understands value, vision, and execution, this property deserves your attention. Call Michael today to schedule a showing and take the next step toward turning this AS-IS property into a profitable rental asset.

Listed on zillow