Under $100K Sunday ~ c.1898 Handyman Special in Winthrop, IA Under $60K Pending

255 2nd St N, Winthrop, IA, 50682                       $59,500      Pending

c.1898 Handyman Special in Winthrop, IA Under $60K

OHU50K NOTES

This c.1898 Queen Anne is located in the small town of Winthrop, Iowa (pop. 856). But, here we go again. OHU50K originally featured this home in November of 2020 when it was on the market for $49,900 (see original listing at bottom half of page). At the time, I thought they were asking too much money for it. Then it appeared to be pending for a while. Funny, but it is now back on the market for $10,000 more, and it does not appear that any work was done to it.

REALTOR COMMENTS

This home has some of the most beautiful wood work I have seen! If you are looking for a home with lots of potential look no further. This 5 bedroom home on a large corner lot has lots of room for the family to spread out!! This home is ready for someone looking to build some sweat equity!!! Don’t Delay call today!


ORIGINAL LISTING

255 N 2nd St, Winthrop, IA, 50682.     $49,900 

OHU50K NOTES

To be viable I think this fixer upper needs a price reduction. Since it is a new to the market foreclosure, we will probably have to wait a month to see that happen. It appears the owner installed a new porch floor and sanded the top kitchen cabinets but ran out of steam.

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