Affordable Fixer-Upper with Strong Investment Potential
Attention investors, flippers, and DIY enthusiasts looking for a project with significant upside potential. This single-family home presents a rare opportunity to acquire an affordable property that is ready for renovation and transformation. With multiple exit strategies available, this property can be an excellent option whether your goal is to flip for profit, create a rental property for long-term income, or renovate and move in yourself. The home is being sold as-is, making it an ideal choice for buyers who want to customize a property from the ground up and add their own vision and value.
Built in 1960, the home offers a classic single-story layout with approximately 1,149 square feet of interior living space. The floor plan includes three bedrooms and one full bathroom, all conveniently located on the first level. This practical layout is appealing for both homeowners and tenants, making it suitable for a variety of investment strategies. The bedrooms are positioned on the main level, creating an efficient design that maximizes the available living space. With thoughtful renovation, these rooms can easily be transformed into comfortable, modern living areas.
The kitchen is also located on the first floor and provides a blank canvas for renovation. Since the home does not currently include appliances, investors have the freedom to design and equip the kitchen according to their own style and budget. Whether you choose a modern open-concept design or a traditional layout, the space offers flexibility to create a functional and appealing centerpiece of the home. Renovating the kitchen is often one of the most valuable upgrades in a property, and this space offers an opportunity to significantly increase the home’s appeal and resale value.
The bathroom, located on the main level, is shared and serves the entire home. With a complete renovation, this area can be transformed into a modern and efficient bathroom that complements the updated design of the property. Investors who focus on upgrading fixtures, lighting, and finishes can dramatically improve both comfort and property value.
One of the notable interior features is the hardwood flooring, which provides an excellent starting point for renovation. Hardwood floors are highly desirable among both homeowners and renters because they add warmth, character, and durability to a property. With refinishing or restoration, these floors can become one of the home’s most attractive features and help create a timeless interior aesthetic.
The property includes 1,149 square feet of finished living space above ground, with no finished basement area. The home is built on a slab foundation, which simplifies structural maintenance and can make renovation projects more straightforward compared to homes with extensive basement systems. This structure provides a solid base for upgrades and remodeling work.
Although the home currently has no heating or cooling systems installed, this allows investors to install modern energy-efficient systems that meet current standards. Adding HVAC equipment can significantly improve the property’s comfort and marketability. Buyers may choose to install central heating and cooling, mini-split systems, or other modern solutions depending on their renovation plan.
The home sits on a 10,018.8 square foot lot, offering ample outdoor space for landscaping, outdoor living areas, or future improvements. With over a quarter of an acre of land, there is room for creative enhancements such as a garden, patio area, or additional outdoor features that could increase the property’s appeal. A well-designed yard can make a significant difference in both resale value and rental desirability.
Parking is another practical feature of the property. The home includes an attached garage with one parking space, along with a carport, providing convenient covered parking options. These features can be especially valuable for homeowners and tenants who prefer protected parking for vehicles. With minor improvements, the garage area could also serve as additional storage or workshop space for future residents.
The property offers a single-story layout, making it accessible and convenient for a wide range of buyers. Single-level homes are particularly attractive because they eliminate stairs and provide easy movement throughout the house. This style is popular among families, retirees, and renters alike, making it a flexible option for different types of occupants.
Located in Selma, the home provides access to a community with local amenities, services, and transportation routes. The property is connected to public water, which simplifies utility management for future owners. While the sewer system is listed as “other,” buyers can evaluate and update the system as part of their renovation plan if necessary.
From an investment perspective, the numbers present an intriguing opportunity. The home is listed at approximately $9 per square foot, making it an extremely affordable entry point for investors who specialize in renovation projects. The tax assessed value of $6,000 and the annual property taxes of only $69 contribute to very low holding costs while renovations are being completed. For investors managing multiple properties, low carrying costs can make a significant difference in overall profitability.
Because the property is priced at $9,900, it falls within a price range that attracts a wide range of buyers, including investors, contractors, and individuals looking for an affordable project home. Properties at this price point are increasingly rare, particularly those with a traditional three-bedroom layout and a generous lot size.
The home is being sold as-is, which allows buyers to conduct renovations according to their own standards and timeline. Cash offers are preferred, though financed offers may also be considered. This flexibility opens the door to various types of buyers who see the potential in transforming this property into a valuable asset.
Investors will appreciate the multiple exit strategies this property offers. One option is to complete a full renovation and resell the home for profit as a flip. With the right updates—such as new flooring finishes, modern kitchen cabinetry, updated bathroom fixtures, fresh paint, and landscaping—the property could attract buyers looking for an affordable yet updated home.
Another strategy is to renovate the property and hold it as a rental investment. The three-bedroom layout makes it particularly attractive to tenants, especially families who need extra space. Once updated with modern systems and finishes, the home could generate steady monthly rental income while benefiting from potential property appreciation over time.
A third option is for a buyer to renovate and move into the property themselves. For individuals who enjoy home improvement projects, this house offers the chance to design and personalize every aspect of the living space while building equity through renovation.
The surrounding lot provides opportunities to enhance the property’s exterior appeal. Adding landscaping, fencing, outdoor seating areas, or improved driveway access could further increase the value and usability of the property. Even simple improvements such as fresh exterior paint and yard maintenance can dramatically change the first impression of a home.
For buyers who enjoy renovation projects, this property represents a true blank canvas. With no appliances currently installed and minimal existing features, investors have the freedom to design a layout and style that suits modern market preferences. This flexibility allows for creative upgrades that could significantly increase the property’s resale value.
In today’s real estate market, opportunities to purchase a single-family home at such a low entry price are becoming increasingly rare. For investors willing to put in the time and effort required for renovation, properties like this can become highly rewarding projects.
Whether your plan is to flip, rent, or renovate for personal use, this home offers a solid starting point with strong potential. The combination of a three-bedroom layout, manageable size, generous lot, and extremely affordable price makes it a compelling opportunity for buyers who recognize the value of a renovation project.
If you are searching for a property where your creativity and investment can make a meaningful impact, this fixer-upper may be exactly what you have been looking for. With the right vision and improvements, this house has the potential to be transformed into a comfortable home or a profitable investment.
Opportunities like this do not appear often. For investors, contractors, and DIY enthusiasts ready to bring new life to a property, this home offers the chance to unlock its hidden potential and create lasting value.
Listed on Zillow
