5 Bedroom Victorian with 7 Fireplaces

PRICE REDUCED – 5 Bedroom Victorian with 7 Fireplaces | Prime Commercial Investment Opportunity in Albany

Owner Financing Available – Sold AS IS – Under $60,000

If you have been searching for a high-potential investment property with architectural character, commercial visibility, and significant upside value, this rare Victorian opportunity in Albany deserves your immediate attention.

Featuring 5 bedrooms, 2 bathrooms, nearly 3,500 square feet, and seven fireplaces, this historic home offers extraordinary charm and structural presence at a price point that is nearly unheard of in today’s market. Now priced under $60,000 and recently reduced, this property represents a compelling opportunity for investors, entrepreneurs, restoration specialists, or buyers seeking a commercial conversion project.

Yes, the property needs significant renovation. Yes, it is being sold AS IS. But for the right buyer with vision and strategy, the potential return on investment could be substantial.

Historic Victorian Architecture with Timeless Presence

Victorian homes are known for their craftsmanship, detail, and commanding curb appeal. This property stands as a reminder of an era when homes were built with artistry and permanence.

Architectural highlights include:

Classic Victorian styling

Expansive interior layout

Nearly 3,500 square feet of usable space

High ceilings and spacious rooms

Seven fireplaces throughout the home

Of the seven fireplaces, two are elaborately carved and feature decorative mirrors, adding dramatic character and refinement rarely found in modern construction. These ornate features alone offer incredible design potential for restoration or adaptive reuse.

When properly renovated, such architectural elements can significantly elevate both resale and rental value.

Seven Fireplaces – A Rare Architectural Feature

Seven fireplaces in one property is increasingly uncommon. These features:

Add historic charm

Enhance aesthetic appeal

Increase design flexibility

Serve as focal points in multiple rooms

The two carved fireplaces with decorative mirrors provide striking architectural detail that would make a lasting impression in a professional office environment or restored residential setting.

In commercial conversions, such features often become signature design highlights that attract clients and customers.

3,500 Square Feet – Ideal for Commercial Conversion

With nearly 3,500 square feet, the property offers substantial space for reconfiguration. Located on busy streets in Albany, the home sits in a prime commercial location, making it an excellent candidate for adaptive reuse.

Potential commercial uses include:

Medical office

Law office

Professional services firm

Boutique business

Counseling center

Event or meeting space

Bed & breakfast (subject to zoning approval)

Mixed-use investment

High visibility and traffic exposure are key factors for business success. The location enhances long-term commercial viability.

Investment Potential Under $60,000

Properties of this size—especially historic Victorian homes—rarely come available at this price point. Priced under $60,000 and recently reduced, the listing reflects the renovation needs while offering investors an entry point with room for equity growth.

For experienced investors, this presents:

Low acquisition cost

High square footage value

Strong commercial positioning

Architectural uniqueness

Flexible financing (owner financing available)

When comparing cost per square foot, this property stands out as an aggressive value opportunity.

Owner Financing Available – Flexible Acquisition Option

One of the most attractive features of this offering is owner financing availability. This can provide:

Reduced upfront capital requirements

Faster transaction process

Flexible terms (subject to agreement)

Alternative path for investors

Owner financing opportunities are increasingly rare and can be especially valuable for experienced renovators looking to preserve liquidity for construction expenses.

Renovation Required – Sold AS IS

Transparency is key: the property needs significant renovation and is being sold AS IS.

However, for buyers experienced in:

Historic restoration

Commercial conversions

Value-add renovations

Investment property redevelopment

This type of project can unlock meaningful long-term gains.

Renovation areas may include:

Structural updates

Mechanical systems modernization

Cosmetic improvements

Exterior restoration

Interior layout adjustments

Because the property is priced aggressively, renovation costs can be strategically allocated while still maintaining favorable total investment positioning.

Albany Market & Location Advantages

Albany serves as a key regional hub in Southwest Georgia, offering:

Commercial traffic corridors

Professional services demand

Medical and legal industry presence

Established neighborhoods

Business growth potential

For entrepreneurs seeking visibility, location is critical. This property’s placement on busy streets enhances its commercial appeal and accessibility.

Ideal Buyer Profiles

This property is especially attractive to:

Investors

Looking for undervalued properties with high square footage and architectural character.

Commercial Buyers

Doctors, attorneys, accountants, therapists, or consultants seeking office space with historic charm.

Restoration Enthusiasts

Buyers passionate about preserving Victorian-era homes.

Developers

Those seeking mixed-use or multi-functional space (subject to zoning approval).

Owner-Occupants with Vision

Buyers willing to renovate and potentially combine residential and business use.

Architectural Character as a Marketing Asset

In today’s competitive business environment, atmosphere matters. Clients often respond positively to unique and memorable spaces.

A restored Victorian office with carved fireplaces and historic detailing can:

Enhance brand perception

Create welcoming ambiance

Differentiate from standard office buildings

Improve client experience

Historic properties often provide intangible marketing advantages that modern commercial boxes cannot replicate.

Key Property Highlights

5 Bedrooms

2 Bathrooms

Approximately 3,500 Sq Ft

7 Fireplaces

2 Elaborately Carved Fireplaces with Decorative Mirrors

Prime Commercial Location

High Traffic Visibility

Priced Under $60,000

Sold AS IS

Owner Financing Available

Significant Renovation Potential

Price Reduced – Bring an Offer

Financial & Strategic Opportunity

At this price point, buyers are not simply purchasing a property—they are acquiring:

Location

Size

Historic architecture

Commercial exposure

Investment leverage

While renovation is required, the low acquisition cost creates flexibility in project budgeting.

Properties with this level of architectural detail and square footage often command significantly higher valuations once restored.

Bring Your Vision – Bring Your Offer

This is not a turnkey property. It is a project. But it is also a rare opportunity.

With:

Reduced pricing

Owner financing available

Prime commercial location

Historic Victorian character

3,500 square feet of potential

The upside possibilities are substantial.

Serious investors and vision-driven buyers should act quickly. Opportunities to secure nearly 3,500 square feet of historic commercial potential in Albany for under $60,000 do not last.

PRICE REDUCED – BRING AN OFFER.

If you are ready to transform potential into profit, this Victorian investment property is waiting for its next chapter.

Listed on Zillow