Spencer · Spencer, NC
414 S Rowan Avenue
Spencer, NC · 2,273 sqft
$149,900
Reduced from $225,000
- 5Beds
- 1Baths
- 2,273SqFt
- 1900Year
- 50x145x50x145Lot
- 229Days on market
About this home
Calling all investors and DIY enthusiasts! This charming 5-bedroom, 1-bath home in Spencer is a fantastic blank canvas. The property boasts generously sized rooms and a classic rocking chair front porch, perfect for enjoying quiet evenings. Its prime location offers a short stroll to downtown Spencer's shops, restaurants, and local attractions, making it an ideal project for a quick flip or a long-term rental."HOUSE IS BEING SOLD AS IS. THE OWNER HAS NEVER LIVED IN THE HOME AND THE OWNER WILL MAKE NOT NEGOTIATE REPAIRS. Please note tax value. There are 2 bedrooms in the back upstairs that are not included in the primary HLA because you have to pass through a section of (a low ceiling) to get to them. The 2 bedrooms represent a total of 466 sq ft. These two bedrooms have heat registers.
Property details
- Beds
- 5
- Baths
- 1
- SqFt
- 2,273
- Lot
- 50x145x50x145
- Year built
- 1900
- Type
- Single Family
- Days on market
- 229
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Foundation
- Crawl Space
- Flooring
- Laminate, Linoleum
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,103/ month
- Principal & interest
- $928
- Property tax (~1.05%)
- $131
- Homeowners insurance
- $43
- HOA dues
- —
Down payment
$7,495 down · $142,405 financed
Income to qualify (28% rule)
~$47,282 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.