Property Description:
Greenville County Home - $29,900!
1101 McKelvey Rd., Pelzer., SC
Are there any HOUSES in Greenville County under 30k left? This home is a 3/2(ish). Floorplan is a mess, but with some love this could be a great rental or fix and flip property located within a quarter mile of the beautiful Cedar Falls Park. It needs a good bid of work - estimated at $45-55k. This would include improving the floorplan, updating plumbing, electrical, paint, flooring, etc...
THE NUMBERS
The best comp is: 1203 McKelvey, which sold for $122 a sq. ft.
At a conservative sale price of $105 a sq. ft, this home would sell for approx. $125,000.*
$125,000 * 70% = $87,500 - $55,000 = $32,500
DETAILS:
Currently a 3/1 - should be updated to a 3/2
Approximately .17 of an acre
Approximately 1,200 sq. ft (including upstairs living space)