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10 Houses Under $50,000: June 2016 Edition

10 Houses Under $50,000: June 2016 Edition

by Elizabeth Finkelstein

I don’t know what it is, but 10 is just seeming like SUCH a small number these days. When it comes to cheap, old houses, more is more–so I’ve gone ahead and collected a WHOLE BUNCH of extra gorgeous old houses for sale for under $50,000 this month, and added them in as bonuses. Enjoy!
 
(If you come across any beautiful old houses for sale for under $50,000, send them along to us at [email protected])
 

 

214 Washington St, Beaver Dam, WI

 
Source: Clear Choice Real Estate Services, LLC via Zillow
$40,000
 
Although this turn of the century Victorian house is in need of cosmetic and material repairs throughout, the charm and character is evident. Hardwood floors, open foyer, french doors, crown moldings and rooms that offer potential. Being sold “AS IS” by personal Rep. Buyers must provide a pre-approval or proof of funds letter prior to showings.
 
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36 High St, Brownville, ME

 
Source: Mallett Real Estate
$37,000
 
In-town Victorian home on approx. 1 1/2 acres. Kitchen, living room, dining room,three bedrooms and one bath. One car detached garage. Close to Pleasant River.
 
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119 N East St, Harrodsburg, KY

 
Source: Better Homes and Gardens Cypress
$39,500
 
PRICE REDUCED! Don’t miss this! Historical home with charming character! As you enter the large foyer you will appreciate the space. The rooms are very spacious and inviting. You will notice a cozy fireplace in both the living area and master bedroom along with beautiful hardwood flooring. There is a full bath accessible via master bedroom as well as the den. There is a large dining area with built in cabinetry that could also serve as a 3rd bedroom. There is access to an additional upstairs space as well. While in the den area you can access the patio area which is perfect for entertaining. There is also access to the patio area from the kitchen which makes barbecuing easier. As you enter the patio area you will appreciate the large back yard which also includes a pear tree and an apple tree located behind the one car garage. The one car garage also has a side door which serves as an additional storage shed. Consider using a 203K loan to make improvements you want before moving in.
 
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246 Newnan St, Franklin, GA

 
Source: Bobby’s Group, RE/MAX Results Realty
$49,900
 
Three bedroom, two and half bath home located on a large gentle sloping lot in the city of Franklin. Come on home to the large rocking chair front porch home built in 1935. This 3,872 square foot home has plenty of potential for the new home owner to renovate it to the home of their dreams. Walking distance to downtown Franklin.
 
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1449 Virginia Ave, Connersville, IN

 
Source: Indy Homes LLC via Zillow
$34,900
 
Incredible character abounds in this 4 bedroom fixer upper with stunning original wood work, stained glass windows, wood trim, pocket doors, casements etc… 2 fireplaces, 2 stairwells, hardwood floors, wood deck and covered front porch and all the old world charm you can dream of. Needs work and sold in As-Is condition. Homes like this don’t come available often & certainly not in this price range. Wood work is spectacularly cool. $34,900 is cash asking price. Seller will consider a Land Contract deal sometime in June at price of $54,900 and down payment around $5,000 to $6,000 and monthly payment around $500 to $600 per month.
 
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114 Main St, Richford, VT

 
Source: Vision Property Management
$32,000 (cash)
 
This property is also available for Lease To Own; Pricing differs. Call for program details, pricing and down payment requirements. This property will be sold or leased in AS-IS condition.
 
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162 Highland St, Ripley, TN

 
Source: Tennessee Realty via Realtor
$49,900
 
Built in 1920, this large 6 Bedroom, 3 Bath home with Formal Living Room, Formal Dining Room, Den, Hearth Room, and separate Laundry Room is on a large over 1 acre lot with Mature Trees, Priced to sell. Call for your Viewing.
 
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402 W Cedar St, Franklin, KY

 
Source: Crye-Leike Executive Realty
$45,000
 
Beautiful Victorian with classic details. 2 sets of pocket doors. This home is a complete rehab project, but at a price that makes it worth it. You will have equity in this home after a pristine rehab.
 
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106 S 6th St, Reading, PA

 
Source: Berkshire Hathaway Homesale Realty
$33,000
 
1819 Brick Federal home aka The Candle Light House, in need of total restoration. Home is sold “As Is”. Only cash offers please. If you are up for restoring a historical home w/many of it’s original parts and details still present in the home, come take a look. It’s located in the Prince historic District. Most rooms have wood flooring, some wide plan, fireplace’s w/mantels and side cabinets in 5 rooms of the home. large foyer 9’5×7’9″ family room by kitchen has original hutch and low wainscoting, detailing on staircase and fireplace mantels from 1819. Home located in the C-C Commercial Core District (zoning) some permitted uses are Residential, retail art and crafts items, bed and breakfast inns, offices, restaurants, retail stores and more. Call listors for more information or City of Reading for more allowable uses and codes questions. Buyer will be responsible for Reading Codes Inspection and Repairs after settlement.
 
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2601 Washington Ave, Cairo, IL

 
Source: Mark Twain Real Estate via Zillow
$50,000
 
All brick 100 year old home with tile roof located in the historical district of Cairo. Interior features stainless steel countertops in the kitchen, beautiful oak stair case, stained glass window, large rooms throughout, detached two car garage with storage. Being sold “As Is.”
 
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Bonus #1! 5912 Dunbar Rd, Appalachia, VA

 
Source: CENTURY 21 Bennett & Edwards Realty
$49,000 (foreclosure)
 
A whole lot of home for not a whole lot of money! Make your appointment for a private showing today!
 
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Bonus #2! 409 S 1ST St, Lewisville, IN

 
Source: F.C. Tucker/Crossroads Real Estate via Zillow
$24,900
 
Lots of potential in this classic home that sits on nearly an acre. This is a handy person special. Three nicely sized bedrooms. One full bath on the main level. Laundry room is off the kitchen on the first floor. Located on the south end of Lewisville.
 
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Bonus #3! 505 S College St, Mount Carroll, IL

 
Source: Isenhart Realty
$25,000
 
Large Victorian located in the Mt. Carroll Historic District. This home features a lovely open staircase along with a second rear stairway. It has 3-4 bedrooms up with bedroom 4 having no closet. The bathroom is located on the second level. The main level offers a living room, dining room, family room, laundry room and kitchen. There is a rear porch along with a covered front porch. The possibilities are endless!
 
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Bonus #4 Can’t Stop Won’t Stop!!! 790 Vt Route 109, Waterville, VT

 
Source: Pall Spera Company Realtors via Zillow
$49,950
 
Welcome to the Stagecoach Inn! This property offers tons of potential. Great town lot with stone walls throughout, ample space, large back yard, plenty of storage, and much more!
 
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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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One thought on “10 Houses Under $50,000: June 2016 Edition”

  • Laurel Perkins

    August 6, 2016 at 2:13 am

    I so wish that there would be some listings for 50,000 or less in the Harford county area of MD. I am trying to find a way to move back home after a nasty divorce. Cost of living is so much higher there than in AL.I need some thing that I can move into and live there while fixing one room at a time

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