6-minute read
Introduction: A Prime Real Estate Investment Opportunity
In real estate investing, a property that combines substantial square footage, acreage, structural integrity, and strong equity potential is a rare find. This Saulsbury ranch-style home offers exactly that. Available CASH ONLY, this all-brick property is ideal for seasoned fix-and-flip investors, long-term buy-and-hold strategists, or visionary buyers seeking immediate sweat equity.
Investment Snapshot
| Feature | Detail |
|---|---|
| Transaction Type | CASH ONLY |
| Interior Space | 3,512 Sq. Ft. |
| Acreage | 3.00 Level Acres |
| Construction | 4-Side Brick |
| Layout | 5 Bedrooms / 3 Baths |
| Price Per Sq. Ft. | ~$34 |
Tucked down a long, private drive, this property provides unmatched seclusion, surrounded by mature trees, with no neighbors in sight. Yet it remains within easy reach of essential town conveniences. With rare combinations of isolation and raw potential, this home is a high-margin canvas for modernization.
Structural Integrity: The Value of All-Brick Construction
Built in 1980 with 4-side brick, this home offers durability, insulation, and timeless architectural appeal. Brick requires zero painting, resists rot and pests, and offers superior thermal mass properties—minimizing long-term heating and cooling costs. Investors can focus on interior upgrades while knowing the structural shell is rock solid.
Spatial Layout and Generous Proportions
3,512 Sq. Ft. of livable area provides a traditional single-story “Primary Down” layout. Key features include:
- Separate Living Room: A formal greeting area ideal for staging.
- Separate Dining Room: Perfect for family gatherings and entertaining.
- Dedicated Den: A secondary living area for media or casual family time.
Massive Unfinished Basement: The Ultimate Equity Catalyst
The full basement nearly doubles the functional square footage, with multiple options for expansion:
| Option | Potential Use |
|---|---|
| Multi-Generational Living | Independent Mother-in-Law suite with walk-out access |
| Income-Producing Rental Unit | Bedrooms, bathroom, and kitchenette for steady cash flow |
| Premium Workshop / Studio | Secure storage, trades, or a dedicated home business |
Note: Basement framing has already begun, reducing labor and cost for expansion.
Comprehensive Interior and Systems Profile
- Bedrooms/Baths: 5 beds, 3 baths—rare for this price.
- Primary Suite: Convenient “Primary Down” layout.
- Mechanical Systems: Opportunities to upgrade HVAC to high-efficiency systems or ductless mini-splits—boosting energy efficiency and resale value.
Outdoor Features: 3 Level Acres & Premium Parking
- Side-Facing Two-Car Garage: Keeps the front facade clean, with additional driveway space for RVs, boats, or work trucks.
- Level 3-Acre Lot: Nearly 100% usable land for gardens, outbuildings, pools, or homesteading.
- Privacy: Dense tree line provides natural sound and visual barriers.
Financial Blueprint and Market Dynamics
| Metric | Data Point | Investor Significance |
|---|---|---|
| Listing Price | $119,900 | Ultra-low entry for 3,500+ sq. ft. |
| Price/Sq. Ft. | $34 | Well below replacement cost |
| Tax Assessed Value | $182,600 | Built-in equity from day one |
| Annual Taxes | $826 | Minimal holding costs |
| Days on Market | 18 | Fresh listing with negotiation potential |
Buying at $34/Sq. Ft. while the tax assessment is $182,600 provides instant equity. Low annual taxes reduce carrying costs during renovations, maximizing investment returns.
Location Spotlight: The Charm of Saulsbury
This property combines rural tranquility with easy access to town amenities. Residents enjoy starry night skies, fresh air, and safe outdoor space for children or pets. Regional highways ensure smooth commuting, offering a balance of privacy and convenience.
Listed on Zillow