May 27, 2019

Downsize? Flip? Investment? Circa 1925 Bungalow for Sale!

You know you've been thinking about it. Investing in a nice little bungalow to generate some income? Fixing it up for yourself for when you're ready to downsize? Adding to your portfolio?

Well here it is! Greg Rapp of Wallace Realty has your perfect investment opportunity (it is even currently rented ~ and the tenant will stay ~ if you like!). And wait...the best part??? This home is priced at just $69,000!!!

Welcome to 209 N. Yadkin Avenue in Spencer, North Carolina. This two-bedroom/single-bath bungalow offers a whole lot of house for 1,594 square feet! Beyond the amply-sized front porch, the spacious living and dining rooms await, with handsome arched doorways, chair molding, and pretty wood floors.

The cute country kitchen is wonderfully sunlit with lots of windows providing plentiful natural light.

This circa 1925 home at 209 N. Yadkin Avenue is a great house for starting out in home ownership, downsizing or flipping. The home's exterior has been freshly painted a handsome charcoal gray with bright white trim; the porch roof has had recent repairs, and the home was updated with a new gas furnace in 2014. This said, the home is being sold 'As-Is' (no further repairs will be completed).

But wait . . . there is more!

The adjacent lot is included with sale of the house - combined provides nearly a half acre of property (.44)! The combined tax value for the two parcels is $76,791.*

Spencer, North Carolina is home to the North Carolina Transportation Museum, and some darling shops and restaurants. A handsome park planned for the uptown area is soon to become a reality. Adjacent to the Town of Spencer is the City of Salisbury, with a thriving arts district, live community theater, and a downtown alive with more unique shops and restaurants. The Interstate is just a few minutes away and Salisbury is home to a historic Amtrak depot...making transportation here a snap. For recreation, High Rock Lake is just a stone's throw away.

Is it time to make that investment? Time to move to home ownership? Whatever the time . . . this is the house! And at just $69,000 ~ what a deal!!!! Call or text Greg Rapp at 704.213.6846 to make this home yours!

209 N. Yadkin Avenue
Spencer NC 28159
CMLS: #3510212

211 N. Yadkin Avenue*
Spencer NC 28159 
CMLS: #3510686 

*The lot is for sale independently of the house: listed at $6,500. The house will NOT be sold independently without the lot.

Greg Rapp 
Wallace Realty Co. 
704 213 6846 Mobile 
704 636 2021 Office 

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