THE ULTIMATE LIST OF CHEAP OLD HOUSES UNDER $50K…and BEYOND ––>
Recently Sold Old Houses Under $50K Featured ~ With Prices
June 15, 2020
It seems like OHU50K just posted a long list of recently sold old houses, and here we have more already. I am happy to report that even the real wrecks are getting new owners!
252 W Summit St, Alliance, OH 44601 $75,000 Sold for $73,000
The interior of c.1906 move-in home in Alliance, Ohio, lifts one’s spirit with its bright, sunlit rooms. I know natural woodwork is preferred, but the white looks sharp, clean, and cheery in this application.
Great opportunity to own an updated, move-in ready home at an affordable price!! This home features nicely refurbished hardwood floors on the first floor, and a remodeled bathroom with a beautiful handmade vanity and tiled tub/shower! The home carries original charm, with tasteful updates. Newer windows, newer gas boiler, and appliances stay with the home! You will love the tall ceilings, fenced in back yard, and all the storage space with a floored attic, large closets, shed, enclosed back porch, and detached garage! Enjoy the summers on the covered porch. You won’t regret seeing this one, request a showing today!
6661 Devils Lake Hwy, Manitou Beach, MI 49253 $49,900Sold for $30,000
This fixer upper in the Irish Hills of Michigan needs substantial work. The building looks like it was once a service station or store, but the property provides a chance to get in on the ground floor of the Manitou Beach at Devil’s Lake revitalization project. Developers aim to create a year-round resort and artist community with restaurants, shops, galleries, lodging, and recreation.
The property is across the street from the lake, and with a restoration, the property has the potential to become a vacation rental.
HUGE 3000 SQ FT HOME, 4 BEDROOMS AND 1.5 BATHS FIXER UPPER. BRING YOUR CREATIVITY, THERE IS PLENTY OF SPACE IN THIS HOME TO GET CREATIVE! LARGE ROOMS AND NICE YARD WITH THE EXTRA PARCEL THAT IS INCLUDED IN SALE.
353 4th St, Richmond, KY 40475 $39,000Sold for $37,000
This fixer upper is located in a working class neighborhood of Richmond, Kentucky (pop. 35,894). The cheap old house has some original features worth saving, namely its mantels. As one of only three old houses under $50K listed on MLS in the city of Richmond, it is also worth showcasing.
Great investment property in the heart of Richmond. Fixer upper still has original fireplaces, mantles, and hardwood flooring. This is a flippers next great project. As is.
1201 NE Madison Ave, Peoria, IL 61603 $35,000Sold for $30,000
Someone had attempted to save this old house. They updated the wiring and breaker box, installed two new furnaces, updated the bathroom and replaced some of the plumbing with pex. Then the pipes burst, flooding the first floor. That’s why much of it is gutted.
The home is located on a corner lot on a tree-lined street of some lovely older homes. Although crime is an issue, the brick beauty does deserve a new life. I hope someone will save this old house.
Save this old house. Large home with so much potential!
Two new furnaces (one in the attic for upper level/attic & one in basement for basement/main level). Upstairs bathroom new tile floor and walls, main floor powder room new tile floor. Entire home rewired with new breaker box.
Basement was an apartment, and could be finished to be one again.
Radiant heaters burst causing flooding, so main level has been gutted and is ready for new floor and drywall. Most of the plumbing has been removed…some has been replaced with pex. Large attic could be finished for a master suite, play area, or anything you want it to be. Build some quick equity in this one. Home sold as-is.
424 W College St, Albert Lea, MN 56007 $19,550 Sold for $12,000
This c. 1883 fixer upper is located in Albert Lea, Minnesota (pop. 18,016), about 90 miles south of the Twin Cities. If you love water, the town is in the midst of several lakes.
I was curious about the unusual town name and found it was named after Albert Miller Lea, a topographer with the United States Dragoons. Captain Nathan Boone, son of Daniel Boone, was the scout for Lea’s unit.
I was only able to go back as far as 1930 when Jens Christiansen, a state highway maintenance man, lived here with his wife Emma and sons Earl and Elmer. The family owned a radio set, and the house was worth $3,000, approximately $46,300 in today’s dollars. According to the 1940 US Census, the Christensen family was still living in the house at that time, along with two boarders.
The US Census records as far back as 1880 indicate that Albert Lea was filled with immigrants from Denmark and Norway, many with the last name of Christensen. I don’t know if he was an ancestor to our Jens Christensen, but a Jens Christensen was one of the original officers of the town. Another Jens Christensen was tried for selling liquor to a minor in 1883, the year this house was built.
The realtor has nothing to say about this fixer upper.
127 S Haines Ave, Alliance, OH 44601 $34,500 Sold for $30,000
This well-built old house was built in 1907 and boasts original woodwork as well as beautiful windows. Did you notice the unique wrap-around window? The home sits on a corner lot in a neighborhood of similar older homes in Alliance, Ohio.
Alliance has a rich social, industrial, railroad and architectural history. The town has several historic structures of note including, the restored Glamorgan Castle, former home of the owner of Morgan Engineering; the Haines House, a restored underground railroad house; and the Mabel Hartzell historic home. The Richardsonian Romanesque stone house of the Devine family is being renovated, and Alliance’s historic downtown area is undergoing a gradual renaissance.
FYI: For cat lover’s, the Feline Historical Museum opened recently, the first cat museum in the United States.
Come check out this great old house ~ a three bedroom on a corner lot that is a great investment or owner occupied property. Home has lots of the original woodwork, fenced back yard and covered front porch. Lots of windows too have been updated. Sold-As-Is. Buyer/buyers agent to verify all information herein.
223 S Howell St, Rocky Mount, NC 27804 $25,000Sold for $41,050
Well, as far as I ‘m concerned, this fixer upper is well worth the $25K smackers. Just look at those floors, the long central hallway, the high ceilings, multiple mantels, original lighting fixtures and, of course, that fabulous floor-to-ceiling cupboard in the butler’s pantry.
So why so cheap? Among other things, the house is located in Rocky Mount, not in the worse neighborhood, but not good either. Rocky Mount can be rough.
BACK ON MARKET!! Large village foreclosure with great character and a lake view. 4 bedrooms, 3 bathrooms, porches and garage! Must see…call today! HUD Home. Sold “AS IS” by elec. bid only. Prop avail 02-07-20. Bids due DAILY by 11:59 PM Central Time until sold. FHA Case #371-459643. Uninsured. Finance terms: cash, FHA 203k, conventional.
826 Hayden Ave, Akron, OH 44320 $29,900Sold for $25,000
Located on a corner lot on a tree-lined street, here is a c.1928 handyman special with curb appeal and interior original architectural elements. I love the center gable that looks like a rocket ready to take off into the heavens. The arched doorways, French doors, hardwood floors, fireplace and built-ins.
Beautiful Woodwork in this Traditional Spacious Handyman Special featuring an Enclosed Front Porch, Full Basement, and Detached Garage. Bring your decorating ideas, update this one as you like! You will not be disappointed, schedule your showing today!
Property is to be Sold AS-IS with all Faults and any/all remaining contents, if any. Buyer is responsible for due diligence in researching all taxes, assessments, and any other to include intended end use with appropriate authority. Seller does not pay for inspections, warranties, repair, surveys.
Agents see broker remarks for Offer instructions and requirements. Attachments must be signed and returned with your offer. Buyer assumes any/all violations and resulting compliance required by the SCHD or City Zoning Dept at Buyers own expense, if applicable.