Under $75K Thursday – Mississippi Diamond in the Rough Under $65K With Possible Owner Financing
OHU50K Notes $64,900
This home is a true diamond in the rough. It will require some updates. This spacious three bedroom, two bathroom home sits on a large lot and is located near the downtown area. Updates needed include the roof, refinishing hardwood floors, and cosmetic updates.
So much to love about this home, including the wrap-around porch, front door with sidelights and transom, beautiful windows, lovely fireplace, high ceilings and vintage lighting fixtures. So, if you have a passion for restoring properties to their former glory, this may be the right project for you.
INVESTMENT OPPORTUNITYAffordable fixer upper with potential. The home is sold AS-IS with no property disclosure. Owner financing is available – terms negotiable. Cash Sale or Owner Financing only. Contact me for more details on financing options and to schedule a viewing.
- 3 bed
- 2 bath
- Build date 1945
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
531 S Washington Ave, Greenville, MS 38701 $64,900
- Contact Realtor: Sharon R Newell – CRYE-LEIKE HERNANDO
- Google Map
- Niche
Location of This Diamond in the Rough
Pros and Cons of Living in Greenville, MS
Pros:
- Cultural Heritage: Greenville is rich in cultural heritage and history, particularly with its significant contributions to blues music. The city hosts the Mississippi Delta Blues & Heritage Festival, one of the oldest blues festivals in the country.
- Cost of Living: The cost of living in Greenville is relatively low compared to national averages, making it an affordable place to live.
- Community Spirit: Greenville has a strong sense of community with friendly residents and a variety of local events and festivals that bring people together.
- Natural Beauty: Located in the Mississippi Delta region, Greenville offers beautiful natural landscapes and outdoor recreational activities such as fishing and boating on Lake Ferguson and the Mississippi River.
- Historical Sites: The city has several historical sites and museums, including the Greenville History Museum and Winterville Mounds, which provide a glimpse into the region’s rich past.
Cons:
- Economic Challenges: Greenville has faced economic challenges, including high unemployment rates and a lack of economic diversity. Job opportunities can be limited, particularly in higher-paying sectors.
- Crime Rates: The city has higher crime rates compared to national averages. Safety can be a concern for residents, particularly in certain areas.
- Education: Public schools in Greenville face challenges, including lower performance ratings compared to state and national averages. This can be a concern for families with school-aged children.
- Healthcare Access: While there are healthcare facilities in Greenville, access to specialized medical care may require travel to larger cities.
- Infrastructure Issues: Like many small cities, Greenville may experience infrastructure issues such as road maintenance and public transportation limitations.
Greenville, MS, offers a unique blend of cultural richness and community spirit but faces challenges in terms of economic opportunities and safety. It is an attractive option for those interested in the history and culture of the Mississippi Delta, but potential residents should be aware of the economic and social issues that the city faces.
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