Save This c.1910 Missouri Fixer Upper Under $50K
$49,900
This charming Missouri fixer upper is located right in the heart of Quilt Town USA—one of Missouri’s top small-town tourist attractions.
Realtor Comments
Set on an oversized 1/2+ acre lot, this property offers rare space and expansion potential this close to the main business strip. With approximately 1,212 sq ft, 2 bedrooms, 1 full bath plus a half bath off the kitchen, large living room and formal dining room, the layout is ideal for conversion into a high-yield short-term rental, boutique Airbnb, or charming long-term rental. Inside you’ll find valuable original features that add serious resale and rental appeal after renovation: – Original paneled wood doors and period millwork – Decorative door and window casings with transom windows – Hex-pattern vintage vinyl flooring – Exposed brick chimney feature – Large room sizes and tall ceilings Condition: This is a true heavy-rehab project. The roof is in very poor condition and has caused extensive interior damage including plaster failure and ceiling damage in areas. Property is being sold strictly AS-IS. Financing advantage: Seller is offering owner financing with 20% down, creating a rare opportunity to acquire with flexible terms and strong upside. With Hamilton’s tourism traffic, walkable location, oversized lot, and preserved architectural character, this property has excellent potential for a standout Airbnb, flip, or long-term rental once renovated. Bring your contractor, your vision, and unlock the upside in one of Missouri’s most charming tourist towns.
- bed
- bath
- Circa 1910
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Pros
- Small-Town Charm: Hamilton offers a close-knit community where neighbors know each other, fostering a friendly atmosphere.
- Affordable Cost of Living: Housing and daily expenses are generally low, making it a budget-friendly place to live.
- Family-Friendly Environment: The town is known for being safe and has amenities suitable for families, including parks and recreational facilities.
- Rich History: Hamilton is renowned for its connection to the quilting industry and has historical significance that can be explored through local attractions.
- Community Events: The town hosts various local events and festivals, providing opportunities for socializing and community engagement.
- Access to Nature: Residents can enjoy outdoor activities in nearby parks and natural areas, promoting a healthy lifestyle.
Cons
- Limited Job Opportunities: Job prospects may be limited, often requiring residents to commute to nearby cities for better employment options.
- Fewer Amenities: Hamilton has a smaller selection of dining, shopping, and entertainment options compared to larger urban areas.
- Transportation: Public transportation is minimal, making a personal vehicle necessary for commuting and daily tasks.
- Educational Resources: While there are schools in the area, options may be more limited, and families may seek additional educational resources.
- Weather Extremes: The climate features hot summers and cold winters, which may not appeal to everyone.
- Healthcare Access: Access to specialized medical care might require traveling to larger cities for comprehensive services.
309 W Samuel St, Hamilton, MO 64644 $49,900
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.
