**Price Dropped $5,000** Now $53,000!Tax assessed value is $78,000 - $53,000 = $25,000 in INSTANT EQUITY!This house has character! It is a two family home with one smaller apartment (1 or 2 bedroom) and a larger apartment (3 or 4 bedroom)There are a few things it needs.Half of the roof was replaced last summer, so the other half should be done (cost $2,000 or less in our market). There are some cracked widows. There is one wall where the electrical outlets work intermittently and a piece of metal that was damaged during a storm we had recently. That could just be removed. It was supposed to be wind guard on a porch! I guess the wind won!There is an open doorway, without a door, between the two parts of the house. A door could be put in or the space could be re-dry walled. OR you could make the separation between the units where there is a door. This would make the smaller apartment smaller by one room.A home inspector said old chipped paint in the basement (on door casings) needs to painted since it could be lead based.That would be all that needs to be done. Of course there are other things that COULD be done. For instance, it has original wood floors, some areas covered with carpet. The carpet could be removed and the floors refinished. But that is not necessary. There is a really cool terrazzo floor in the main kitchen that has been covered with linoleum. So that could be reclaimed if someone wanted the original floor in the kitchen! Also, the driveway could be redone.It is a nice house with lots of character. Asking price has been lowered to $53,000. I do not have a written market analysis of this one. But the tax assessed value is $78,000. Zillow sasy that it is a 5 bedroom. It is actually six bedrooms but one of them is very small. There are four bedrooms in the larger apartment and 1 or 2 in the smaller apartment.Great investment property since it does not need much work. Or great for a family who wants an in-law apartment.There is a shed for garden tools and lawn mowers. There is a large yard.This home is being sold as is. We would like a quick cash sale but would consider a buyer with financing already lined up and a cash deposit in hand.The address is 78 South Main Street Manchester NY 14504.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
