Are you on the lookout for a new home in Rhode Island? Are you a DIY enthusiast or someone who loves to take on renovation projects? If so, we have the perfect opportunity for you! A fantastic 4-bedroom colonial in a great location is currently up for sale, but it’s in need of some tender loving care. This property is not FHA-approved, but it presents an excellent opportunity for those seeking a renovation project and have access to 203K financing.
Located in a desirable area, this colonial-style home offers a spacious layout with four bedrooms, making it ideal for families or those who need extra space. While it may require some updates and repairs, the property possesses excellent bones and a good flow, providing a solid foundation for your dream home.
The motivated seller is open to considering all offers, recognizing that the property is being sold in an “as-is”condition. The price of the home reflects the repairs and updates that need to be undertaken, allowing you to negotiate a fair deal that takes into account the potential investment required.
For those unfamiliar with 203K financing, it is a government-backed loan program that combines the cost of purchasing the property with the funds needed for renovations. This option allows you to secure the necessary funds upfront, making it easier to transform this diamond in the rough into a beautiful home.
Imagine the satisfaction of taking a neglected property and turning it into your dream home. With a little imagination and effort, you can transform outdated features into modern amenities, breathing new life into this fixer-upper. Whether it’s updating the kitchen, renovating the bathrooms, or adding your personal touch to the living areas, this property provides the canvas for your creative vision.
Investing in a fixer-upper not only allows you to create a home tailored to your preferences but can also be a smart financial move. By purchasing a property below market value, you have the potential to build instant equity. With the right renovations, you can significantly increase the value of the home, providing a solid return on your investment.
Additionally, Rhode Island offers a vibrant community with a rich history and a wide range of recreational activities. From stunning beaches to picturesque parks, there is always something to explore and enjoy. With this fixer-upper, you have the chance to not only become part of a fantastic community but also contribute to its overall improvement.
So, if you are ready to roll up your sleeves and embark on a renovation journey, this Rhode Island fixer-upper is the perfect opportunity for you. Don’t miss out on the chance to transform this property with great potential into your dream home. Contact the seller today, make an offer, and start your exciting renovation adventure.
151 Rocco Street, Pawtucket, RI 02860