219 W 6th St, Spencer, IA 51301

*FOR SALE BY OWNER* OWNER FINANCING*MUST SELL* NO BANKS Affordable home with great potential in a convenient Spencer location! This charming 3-bedroom 1.5-bath home offers approximately 1,400 square feet of living space and plenty of character. The home features a functional layout, spacious living areas, and a kitchen and bathroom that are usable as-is while offering room for future updates to match your style. Whether you're a first-time home buyer looking to build equity, an investor searching for your next rental, or someone who appreciates the character of an established home, this property is worth a look. Property Features: 3 Bedrooms 1.5 Bath 1440 Sq ft 0.14 Acre lot 30 Minutes to Okoboji. Convenient Location near schools, shopping and Downtown Spencer. Newer furnace, water heater and roof. Functional Kitchen and Baths Great opportunity to add value over time. The home is being cleaned out and will be move-in ready soon, with opportunities for cosmetic improvements that can further increase its value. Properties at this price point with this much potential don't come along often. Some items that may need work are -Siding -Windows -Floors -Plumbing upgrades -Electrical upgrades -New Dishwasher -Fresh coat of paint -Although they are functional, updating the bathrooms and kitchen Probably the best part is that we are OWNER FINANCING this home for $109,000. This is NOT a lease purchase or rent-to-own where you pay for years and own nothing, but REAL owner financing where the buyer gets the deed at closing. We are looking for a reasonable down payment and income history to do the loan for the new owner. No credit check, we just check verifiable income. FAQ Do I own the home? Do we have a closing? We close at a local title company, and you get the deed. You own the home. We take back the note just like a bank. What if I want to make changes to the home? You own it, all we care about is the payment being made. Feel free to make any kind of changes to the home that you like. What is the rate and down payment? Down payment depends on income, but we require a reasonable down payment. We can do a 10, 20 or 30 year note on this loan. The loan can run the full term, there is no balloon, and no prepayment penalty. I’m interested in the home, and have a reasonable down payment. How do I view? Message us with your down payment and monthly income and if you qualify, then we can set up a time to view. I have bad credit. Do you check credit score? We have this crazy idea that credit score doesn’t pay the bills, but cash and income does. As long as you have a reasonable down payment and income that shows you can afford the home, we do not check credit score.