Here is a fixer-upper in the Butte for $100,000. It is in the back corner of a very quiet loop off of Plumley Road. This home was originally built in 1963 with a couple additions to it in the years since.
A natural gas heater furnace, hot water heater, and garage unit heater was added in 1998. The septic system dates from 1983. The house has been vacant for awhile but a few repairs have recently been made.
The owner is planning to sell it ?as is? and will not make any repairs. Therefore, buyers will need to explore options for financing, it will probably NOT qualify for normal 30 year mortgages. The only possibilities for financing that I know about at this time are:
- 1. A ?rehab? loan.
- 2. A bank-in-house loan.
- 3. Cash
- 4. Short Term Owner-Finance OAC
The plumbing has been tested to ensure that there is water to the baths and kitchen but the water is currently turned off. The well can be tested during the inspection period.
Here is the Mat-Su Borough information on the property. The borough has it sized at 1200 square feet but the owner measures 1138. The garage is approximately 900 square feet. This house has 2 bedrooms and an office that could be used as a small bedroom. The lot is 0.88 acres and is nice and flat. There is a nice greenhouse on the property.
Here is the borough tax map to the right?just click to expand.![]()
This property is in the flood zone. In fact the garage and crawlspace did flood in 1971. It has not flooded since. Here is the flood zone map for the Butte area.
Here is a google map to the property. Drive-by?s are encouraged, but please don?t try to enter the property without an Realtor.
If you have a Realtor, they can access it with the lockbox. If you don?t have a Realtor, give me a call. I would be honored to help. My number is 907 232?7900.
Here are some more photos?just click to expand.















May 1st, 2007 at 11:40 pm
[…] Details here […]
June 28th, 2007 at 6:02 pm
[…] This little yellow ranch style home is ideal for this loan. It needs some work on the logs above the foundation but I don’t know where you can find a house like this for $115,000. Especially in the great location it has. […]
August 19th, 2007 at 7:56 am
[…] How do you find these houses? Well, that’s one in the upper left photo. Only $115,000 on one acre. It needs a little TLC but someone could make some money on it. Here is the info if you want to do a drive-by. […]
September 17th, 2007 at 9:01 am
[…] Only $115,000 for this fixer on 0.88 acres of great land in the Butte. Details here […]