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Investor Special: Fix&Flip or Buy and HOLD - Chester, SC
This 2-bedroom, 1-bathroom, 750 sq ft home located in Chester, SC, offers an incredible value-add opportunity for investors. Nestled in an area showing consistent property appreciation, this home sits close to schools, parks, and shopping centers. With an estimated rehab budget of $15,000–$20,000, it’s primed for either a quick flip or long-term rental investment.
Whether you're an experienced flipper or a buy-and-hold investor, this property has the potential to yield excellent returns.
Stats:
County: Chester County, SC
Bed/Bath: 2/1
Sqft: 750 sq ft
Land SqFt: N/A
Built: N/A
ARV Price: $135,000 (Estimated)
Market Rents: $1,000–$1,200/mo
Current Rent: Vacant
⚡ Fast Facts:
Roof: Needs replacement or repair
HVAC: Needs replacement or repair
Windows: Original, suggest replacement
Hot Water Heater: Functional but aged
Electrical: May require updates for safety compliance
Plumbing: Appears functional but may need minor repairs
Foundation: Appears structurally sound
Kitchen & Bathrooms: Requires updates (cabinets, fixtures, countertops)
Occupancy: Vacant
Appliances: None included
Parking: Driveway/street parking
SOLD MLS COMPS:
1️⃣ 205 W Elliott St, Chester, SC
Bed/Bath: 2/1 | Sqft: 820 | Land SqFt: 7,000
Year Built: 1945 | SOLD: $130,000 | $/ft: $158/ft
Condition: Renovated, move-in ready
2️⃣ 215 Walnut St, Chester, SC
Bed/Bath: 2/1 | Sqft: 780 | Land SqFt: 6,500
Year Built: 1950 | SOLD: $125,000 | $/ft: $160/ft
Condition: Updated interior, fresh paint, new flooring
3️⃣ 110 Ashford St, Chester, SC
Bed/Bath: 2/1 | Sqft: 700 | Land SqFt: 5,800
Year Built: 1940 | SOLD: $120,000 | $/ft: $171/ft
Condition: Minor cosmetic updates, good rental property
ACTIVE COMPS:
1️⃣ 123 Oak St, Chester, SC
Bed/Bath: 2/1 | Sqft: 760 | List Price: $140,000
Condition: Recently updated kitchen, fresh exterior paint
2️⃣ 98 Pine St, Chester, SC
Bed/Bath: 2/1 | Sqft: 740 | List Price: $135,000
Condition: Average condition, functional systems
RENTAL COMPS (Rentometer Data):
1️⃣ 220 W Main St, Chester, SC – 2/1 | 780 sq ft: $1,100/mo
2️⃣ 312 Chestnut St, Chester, SC – 2/1 | 750 sq ft: $1,050/mo
3️⃣ 410 Pine St, Chester, SC – 2/1 | 800 sq ft: $1,150/mo
Average Rental Estimate: $1,100/mo
Exit Strategies:
Fix & Flip: Estimated ARV of $135,000 with a conservative rehab budget.
Rental Property: Market rent of $1,100/mo offers strong cash flow potential.
Creative Financing: Potential for seller-financed deal structures.
Next Steps:
Schedule a property walkthrough for a detailed inspection.
Take advantage of this opportunity before it’s gone!
Contact us now to secure your next investment!
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