413 Winston St, Florence, SC 29501

413 Winston St, Florence SC This location is similar to many small towns in that the downtown older homes are being renovated and revitalized and that’s the case here. Just blocks from the finest shops and restaurants in Florence, this location is truly prime. This charming home seems to have been built in the 40’s, is about 1500 SqFt and is currently a 3/1 in its current layout. Lots of opportunity exists to add a bathroom and potentially enclose the porch for additional living area. If you really want to maximize, the attic is huge and may potentially have room for finished area and the plat is a block and a half so one strategy may be to pursue installing an auxiliary dwelling unit. This house is a complete gut and needs everything from plumbing, roofing, to wiring, to HVAC, to all finishes. Please be aware of that before you inquire. No estimates have been gathered. Pursue this house as an as-is, where is deal. As a former appraiser, I have picked some great comps which indicate the ARV of the house would be $240K to $260K in today’s market and potentially more depending on how you finish it out. See the list of comparable addresses in the photo images. The price is $90K within 30 days or take up to 13 months to close and pay $110k. This is a great strategy for a flipper, or use the BRRR method but no “B” until the end! John Kent Spehl is the owner and a licensed Real Estate Broker in South Carolina.