Deep value-add opportunity in the Fosnots area with strong rental potential and a low entry price
This 1952-built single-family home features 2 bedrooms (has a 3rd room that could be utilized) , 1 bath, and 840 sq ft, along with a 1-car attached garage, making it a solid candidate for a rental-focused strategy or full rehab flip.
Nearby as-is sales range from $60K–$90K, supporting investor demand at this price point.
Property Condition: heavy rehab required.
Mechanics:
- Furnace — 3 years old

- Roof — 15 years old

- Vinyl Windows

- Crawl space foundation
1-car attached garage
Large 13,300 sq ft lot
Utilities through Anderson Utilities & CenterPoint (electric, water, gas, sewer)
With a low entry price and strong rental comps, this property is best suited for experienced investors looking to take on a heavy rehab and create long-term value  
Recent Neighborhood Comps:
- 2315 E 3rd St – 2 bed / 1 bath, 888 sq ft, cash, as-is, 81 DOM, $60,000
- 817 Alhambra Dr – 2 bed / 1 bath, 792 sq ft, cash, 5 DOM, $70,000
- 318 Chester St – 3 bed / 1 bath, 1,076 sq ft, cash, as-is, 37 DOM, $70,000
- 2526 E 5th St – 2 bed / 1 bath, 950 sq ft, cash, as-is, 12 DOM, $80,000
- 2508 E 4th St – 2 bed / 1 bath, 676 sq ft, as-is, 29 DOM, $89,900
Rental Comps
- 2608 Fowler – 2 bed / 1 bath, 725 sq ft, $1,000/month
- 630 Chester – 2 bed / 1 bath, 882 sq ft, $1,250/month
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