20 Houses Under $50,000: February/March 2017 Edition

by Elizabeth Finkelstein

Happy (almost) spring! I’ve combined our February & March issues into one extra-special, double-decker list of 20 gorgeous, full-of-potential historic houses under $50,000. Enjoy!
 
(If you come across any beautiful old houses for sale for under $50,000, send them along to us at [email protected])
 

 
 

1
 313 Main St, Unadilla, NY
 
Source: Zillow, courtesy of Hunt Real Estate ERA
$39,900 (foreclosure)
 
This is a Fannie Mae Homepath property! Gorgeous two story home located in Unadilla, NY. Covered front porch greets you upon entrance. Gorgeous hardwood flooring throughout the home and a spacious open floor plan. Living area is accompanied by a fireplace. Spiral staircase leads you upstairs. Open bedrooms and upstairs fireplace. Charming home takes you back in time and is located close to amenities!
 










 
 

2
 402 N Pittsburgh St, Connellsville, PA
 
Source: Realtor, courtesy of Conn Realty, Inc.
$25,000
 
Spacious 4 Bedroom, 2 Bath home is perfect for your growing family. Plenty of character and potential in this gem. Conveniently located on a corner lot with off-street parking. Original woodwork, built-ins and fireplaces are added charm while you enjoy the convenience of a first floor laundry room and a full bath.
 











 
 
 
 

3
 651 N Main St, Kenton, OH
 
Source: Zillow, courtesy of Royer Realty LLC
$49,900
 
Vintage character! This Victorian home built in 1870 has great potential! Large rooms, high ceilings, hardwood floors, decorative wood moldings, fireplace, big windows, covered front porch, fenced back yard, one car detached garage plus an updated kitchen! 9 rooms, 5 bedrooms with one on main level, full bath and large walk-in closet upstairs and main level laundry in kitchen. Call today to see this spacious home!
 















 
 
 
 

4
 1701 Grand Ave, Emmetsburg, IA
 
Source: Zillow
$27,500
 
Victorian project home located near center of Emmetsburg, IA. Home was built in 1893 by the town mayor, and is approximately 3200 square feet, with 6 + 1 bedrooms, 2 baths (with space built out for master bathroom in master suite downstairs).
Home has been updated and renovated, but still needs additional love and attention. Each floor has approximately 1600 square feet of space, plus full walk-up attic and partial basement. Home includes beautiful original burled walnut woodwork and pocket doors, built in china cabinet, and one original fireplace. Home also includes one beautiful wood staircase, and second staircase off back of kitchen.
First floor includes master suite (plus build out for master bath), family room with fireplace, large living room with fireplace, formal dining room, kitchen with walk-in pantry, laundry, mudroom, and bathroom. Also includes two storage closets. Second floor includes five bedrooms with closets, small office/den, and full bath. The first floor has been renovated and updated. Second floor has been partially renovated, but will require additional work before several of the rooms are move-in ready.
Completed renovations and updates include:
*New 400 sq. ft. master suite downstairs with new carpet, lights, electrical outlets, and molding.
*New paint and electrical outlets throughout first and second floor.
*Kitchen counter and fixtures have been replaced, cabinets were refinished, and wood flooring was installed.
*New light fixtures and ceiling fans added to every room in the house.
*Popcorn ceilings have been removed and repainted throughout the house.
*Other minor modifications and updating throughout.
* Electrical panel and wiring was updated in 2014.
* New roof installed in 2003.
The house will require additional work prior to becoming move-in ready, including a furnace tune-up/repair, water heater replacement, bathroom fixtures installed downstairs, and possible minor plaster repair. The outside of the home will require new paint and fascia repair.
Looking for someone who will be able to take on this project home. Depending on taste, many of the constructions items can be included in the cost of the sale (including fixtures, molding, tools, etc.). House is currently assessed at $61,000 by the county assessor. Willing to sell AS-IS for $50,000.

 







 
 
 
 

5
 2453 Berdan Ave, Toledo, OH
 
Source: RE/MAX Preferred Associates
$39,900
 
FEATURES EAT-IN KITCHEN W/ GRANITE COUNTERTOPS, NEWER WOOD CABINETS & MATCHING APPLIANCES. FORMAL DINING RM. LARGE LIVING RM WITH FIREPLACE AND ACCESS TO SUN ROOM. WOOD FLOORS IN BED RMS. UPDATES TO FULL BATH. LOCATED ABOUT 2 MILES FROM THE UNIVERSITY OF TOLEDO. Selling as-is. Cash only. First 21 days on market for Owner Occupants only. Investor offers will be reviewed on day 22.
 






 
 
 
 

6
 23 Pittsylvania Ave, Halifax, NC
 
Source: Zillow, courtesy of Heaton Real Estate
$28,000
 
Own your own piece of History within The Historic Town of Halifax! Over 200 years old, built in the late 1700’s, early 1800’s, this beautiful Colonial Home formally known as The Price House & locally known as The Willie Jones House is in much need of repairs and restoration. NEEDS TLC and SOLD AS IS, WHERE IS! Yet, when fully restored it can be a prize show piece. Starting with a Victorian front porch, displaying original front door transom and sidelights, beautiful mantels and some original woodworking. This featured home is not only unique, but is also a work of art. This historic home is protected by covenants held by Preservation North Carolina and will apply to new buyer. Buyer may be eligible to receive historic preservation tax credits. Consult with the Town of Halifax first, but imagine converting this home into a small Bed n Breakfast in the historical heart of the County.
 











 
 
 
 

7
 800 Main St, Ely, NV
 
Source: Estately, courtesy of Silver Rio LLC
$45,000
 
Built in 1900 and operated as the Historic Cherry Creek Saloon until 2013 when it was converted to a residence. Includes the original structure and 5 lots. Furnished main living and kitchen areas 616 square feet. Additional 280 feet with two rooms and bathrooms all unfinished. For Sale in AS-IS CONDITION.
 









 
 
 
 

8
 1258 County Road 35, Guilford, NY
 
Source: Hunt Real Estate
$49,900
 
This is a Fannie Mae Homepath property! Beautiful old world charm in this Colonial style home. Tons of extra storage options with plenty of large rooms! Great open floor plan that allows tons of natural light throughout! Located close to your needed amenities! Dont miss it!
 






 
 
 
 

9
 872 Wall St, Iva, SC
 
Source: Berkshire Hathaway C. Dan Joyner
$45,500
 
Diamond in the Rough!! – Home with character located on 5 acres, this is a country lover’s dream! Large home with rocking chair front porch, enclosed back porch, 2 outbuldings, and so much more. The attic could be converted to more GLA as well… 3 bedrooms ( one has no closet and one is plumbed for another bathroom), huge living room with fireplace, Den with built-ins, Large kitchen and 1 bath.
 









 
 
 
 

10
 1935 SW Buchanan St, Topeka, KS
 
Source: Zillow, courtesy of Miller & Midyett Real Estate
$35,000
 
HISTORIC BRICK 2 1/2 STORY VICTORIAN ON LARGE CORNER LOT. 4 BEDROOM, 2 BATH IS READY TO BE RESTORED TO FORMAL ELEGANCE. HARDWOOD FLOORS, HIGH CEILINGS, LOTS OF ORIGINAL FIXTURES. COVERED FRONT PORCH. PREVIOUSLY CONVERTED TO TWO SEPARATE LIVING AREAS ONE ON MAIN AND ONE UP. PRIVATE ENTRANCE TO UPPER STORY. ATTIC HAS HIGH CEILING & COULD MAKE FOR FUTURE EXPANSION. FULL UNFIN. BSMT & DET GARAGE WITH OFFICE/WKSHOP. PROPERTY HAS BEEN IN SAME FAMILY FOR MANY YEARS. SOLD AS IS. CLOSE TO WASHBURN UNIV.
 










 
 
 
 

11
 12720 Still Pond Rd, Still Pond, MD
 
Source: Trulia, courtesy of Doug Ashley Realtors LLC
$39,900
 
This Victorian, located in the quaint village of Still Pond, is ready for renovation! A new well and BAT(Best Available Technology) septic system was installed in 2014. Wood floors, a nice staircase and large rooms make the possibilities endless! The well and septic alone probably cost what this property is listed for. Great opportunity to own a piece of history & renovate it to today’s standards.
 








 
 
 
 

12
 6896 Us Highway 29, Reidsville, NC
 
Source: Zillow, courtesy of Atkinson Real Estate
$29,900 (offer pending)
 
Some attractive wood work in subject, extra LRG Fireplace in LR, Mostly HRWD floors. Old farm style w/ Master BR on 1st fl, 4 BR, 2 Full baths. Has many possibilities. SOLD AS-IS Property is eligible for the FMFL initiative through 1-1-17. website for more details.
 












 
 
 
 

13
 1311 Walnut St, Sweetwater, TX
 
Source: Realtor, courtesy of Hunter Ranch and Realty
$25,000
 
Large 2 story, 8 bedroom, 2 bathroom house on huge corner lot! House needs lots of work or the lot could serve as a good spot to build! For more info call listing agent Justin Wilburn @ 325 338 5099
 



 
 
 
 

14
 1609 Virginia Ave, Connersville, IN
 
Source: RE/MAX Preferred Choice
$29,900
 
GREAT INVESTMENT OPPORTUNITY!! PRICED TO SELL. GREAT PRICE IN A GREAT LOCATION. NEEDS FIXED-UP BUT WORTH THE EFFORT. NEIGHBORING PROPERTIES CURRENTLY PRICED IN THE UPPER 100’S!!
 







 
 
 
 

15
 713 S 6th St, Coshocton, OH
 
Source: Peddicord Rice Auction Realty
$45,000
 
CHARACTER! Check out this 3 bedroom, 2 bath home with all kinds of character. Beautiful woodwork throughout the home including pocket doors, french doors and lovely built-ins in the dining room. Home has had several updates including electrical, gas service, hot water heater and more.
 







 
 
 
 

16
 634 Laurels Rd, Johnson City, TN
 
Source: RE/MAX Checkmate
$49,900
 
Circa 1875, Tennessee Federal Style Home with Creek Front. Remodeled during 80’s, Home is in need of rejuvenating. Nice Large, Level Lot, popular location between JC, Unicoi, and Happy Valley Communities.
 







 
 
 
 

17
 620 Edward St, Branchville, SC
 
Source: Zillow, courtesy of Dorchester Real Estate Services
$45,000
 
PRICE REDUCED!! Early 1900’s Home in the Historic town of Branchville. When you walk up to the home you are welcomed by a beautiful wrap front porch that was a fixture of homes of this era. +/-2084sqft with 3 bedrooms and 2 baths. Enter the front door into the foyer with living and dining room. Nice size kitchen and eating area. This home has the original wood floors and high ceilings. If you are looking for an older home this may be just the one for you.
 







 
 
 
 

18
 421 Mckinley Ave, Butler, PA
 
Source: CENTURY 21 American Heritage Realty
$37,900
 
POTENTIAL TO BE REMARKABLE PERIOD HOME. ORIGINAL UNPAINTED WOODWORK. AMAZING PILLARS THRU WIDE OPENING INTO LIVING ROOM. BREATH TAKING INTO THE ENTRY! STAINED GLASS IS AMAZING! SOME NEWER FLOORING, WINDOWS, NEWER PAINT IN SOME ROOMS. 3RD FLOOR HAS 4 ROOMS–2 FOR BEDROOMS AND 2 FOR WALK IN CLOSETS. HOUSE NEEDS SOME WORK BUT HAS VERY GOOD BONES. NICE, PARTIALLY FENCED IN YARD, QUIET STREET, PLENTY OF PARKING.
 









 
 
 
 

19
 301 Crook St, Coin, IA
 
Source: Zillow, courtesy of Crawford & Co Real Estate
$39,900
 
An older home that has had some updates and some unique features. This home has 4 bedrooms and two full baths. It has a newer hi-ef furnace and some newer wiring. On the main floor you will find a kitchen with attached laundry room, a full bath, large living room with fireplace, a foyer, and two stairways. The upper level has four bedrooms and a full bath. The basement has four large rooms and high ceiling with potential for living space. There is a one car garage. The home sits on a large lot. The home has oak floors, set of French doors and a large fireplace. There is a wraparound porch, partially enclosed and an enclosed back porch.
 













 
 
 
 

20
 308 Calhoun St, Johnston, SC
 
Source: Zillow, courtesy of Edgefield Southern Realty
$49,900
 
Beautiful Antique home with lots of heart pine floors, beautiful windows, and original tin shingle roof. Wide front porch for lemonade afternoons. Privacy fenced back yard with detached carport at rear. Back screened porch waiting on your rocking chair. Kitchen has hand painted details and contemporary colors. Come view today and make this house your home!
 






 
 

Love cheap, beautiful old houses?

 
Follow CIRCA’s latest Instagram feed at @CheapOldHouses, on which we showcase only gorgeous historical homes for sale for under $100,000.
 
 
 
Elizabeth1AUTHOR ELIZABETH FINKELSTEIN
Elizabeth is the founder of CIRCA and a practicing writer, architectural historian and preservation consultant living in Brooklyn, NY. Elizabeth has loved historic houses for as long as she can remember, having grown up in an 1850’s Greek Revival gem that was lovingly restored by her parents. Elizabeth, her husband Ethan and their beagle Banjo remain on a relentless hunt for their perfect “Thanksgiving house.”
 
 
 
 

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