Looking for a unique real estate investment opportunity? This Gothic Revival fixer upper in New York is an affordable gem!
Experience the charm of a bygone era in this Gothic Revival fixer upper listed for just $79,900. Nestled on 3.3 acres with 450′ of Riverfront along the serene Indian River, this property presents a remarkable chance for investors or anyone interested in historic real estate.
An Affordable Classic in the Heart of Nature
Built in the 1800s, this property is perfect for buyers seeking rural living combined with outdoor adventures. With three spacious bedrooms and a full bath, the home exudes potential. Original features such as hardwood floors, beautiful archways, and wainscoting are still intact, adding to its charm. The available renovation supplies ensure that prospective buyers can dive straight into the restoration process without delay.
Ideal for handy investors, this opportunity taps into the rising trend of affordable properties under 100k. With renovation supplies ready to use, including windows and flooring, it only needs a bit of love to transform into a stunning residence.
Attractions and Activities Nearby
This home’s location near Fort Drum and Watertown provides the perfect blend of rural tranquility and access to urban amenities. Outdoor enthusiasts will appreciate the close proximity to activities such as:
- Hiking: Abundant hiking trails cater to various skill levels, allowing residents to explore the breathtaking landscapes.
- Fishing: Enjoy fishing opportunities on the Indian River, known for its diverse aquatic life.
- Boating: Residents can venture out on the river, indulging in leisure and scenic views.
Theresa, the small town where this Gothic Revival fixer upper resides, boasts a low cost of living, making it an ideal choice for homebuyers.
Discovering Rural Benefits and Few Downsides
While the serene atmosphere is a significant draw, there are notable pros and cons to living in Theresa:
### Pros
- Rural Charm: Experience a close-knit community feel surrounded by beautiful landscapes.
- Affordability: Lower living costs compared to urban centers make homeownership feasible.
- Community Events: Residents can engage in local celebrations and festivals, enriching community ties.
- Safety: The area exhibits a low crime rate, fostering a secure environment for families and individuals.
### Cons
- Job Market Limitations: Job opportunities may be limited, especially in specialized fields, necessitating commutes to surrounding areas.
- Fewer Amenities: Shopping, dining, and entertainment options might feel scarce compared to larger urban centers.
- Cold Weather: Winters can be harsh with significant snowfall, which isn’t favorable for everyone.
- Healthcare Access: Access to advanced medical care may require travel to larger cities.
Final Thoughts on Real Estate Investment Opportunities
For investors eyeing real estate investment opportunities, this renovation property in New York is a remarkable find. Not only is the price attractive, but the potential for enhancement is significant. The combination of historical charm and modern renovation needs makes it an enticing project for handyman investors.
Seize the chance to transform this Gothic Revival fixer upper into a stunning focal point within the community. Whether it’s for personal residence or as a rental investment, this property truly offers a worthwhile venture. Embrace a lifestyle filled with rustic beauty and endless outdoor adventures!
For inquiries about this property, it’s advisable to contact the realtor linked below or seek representation from your own agent. Ensure that all details are independently verified.