Looking for the most affordable path to homeownership? Seller is offering a buyer concession PLUS a rate buydown with acceptable offer terms, helping lower your upfront costs and monthly payment! This is your chance to make homeownership more affordable while owning a charming historic bungalow with an additional buildable lot offering endless possibilities. Situated on two fully fenced parcels at 31 & 33 N Greenwood Avenue, this unique property combines historic character, investment potential, and future development opportunities. The 3-bedroom, 1-bath home offers approximately 1,400 square feet of living space and is filled with original charm, including three decorative fireplaces, a vintage clawfoot tub, and original hardwood floors waiting beneath the carpet to be restored to their natural beauty. The spacious living room provides plenty of room for entertaining, while major updates including thermal insulated windows, HVAC, and a gas water heater offer comfort and peace of mind. A detached storage building provides valuable space for a workshop, hobbies, tools, or lawn equipment. What truly sets this property apart is the adjacent 0.18-acre buildable lot at 33 N Greenwood Avenue, complete with its own tax map number. Whether you're looking to build a second home, create an income-producing rental, expand your investment portfolio, or provide nearby housing for family members, this additional parcel offers exceptional flexibility and long-term value. Perfect for first-time homebuyers, investors, downsizers, or anyone seeking affordable housing with room to grow. With a large fenced yard, historic charm, development potential, a buyer concession, and a rate buydown opportunity, this property delivers incredible value at just $130,000. This property comes with a rate buydown, reducing the buyer’s interest rate for the first and second year of their loan. Buyer is not obligated to use preferred lender – however must use preferred lender to receive the buy down. Lender can issue loan approvals in as little as 5 days and close in 15. Restrictions apply.
Listing courtesy of Coldwell Banker Caine/Williams.
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