A property will head to the auction block between March 15-18 on Chain Street. We typically will only share homes that meet the neighborhood average and has the potential to stay as a single-family home. We believe this property is “at-risk” of losing it as a home and turned into a rental unit. So we are sharing the details in hopes a homeowner sees the potential in this property to keep it as is. It is currently zoned as a single-family home.
628 Chain Street will begin accepting bids at $5,000. The house is assessed at $60,170 and was last purchased in 2010 for $88,000. It is listed as bank-owned foreclosed so there may be additional costs to satisfy the bank. It is a 4 bedroom, 1 bathroom townhome.
This unique property is perfect for any homebuyer or investor. This auction will begin Tuesday, March, 15 at www.Auction.com. The price displayed is the Starting Bid amount of $5,000. For more info including Open House dates and to register to bid , please visit auction.com.
A property inspection report can be viewed here. From a quick glance at the report, it may have suffered water damage.
I should remind you that it is an auction home, so alot of TLC will need to take place to make it yours. Another option is for the experienced flipper to invest in this property to turn it into a beautiful property for a homeowner. There is no garage, however, previous owners used a portion of the back yard as a car port. After putting some pavement and fencing in the yard, this can be a selling point for the home! Chances are the basement is not complete, fix it up as a bonus space and it is sure to sell quickly.
Share this fixer upper with anyone interested in taking on this task to become a hero!