Affordable Housing Opportunity: 1.1 Acres with Renovation Potential $29,900

7 days ago

Affordable Housing Opportunity: 1.1 Acres with Renovation Potential
This 1.1-acre property offers a rare chance for owner-occupants to create their dream home with affordable housing benefits through Torrington Affordable Homes (TAH).

Key Details:
Owner-Occupant Requirement – Buyers must reside in the home and meet TAH income and credit guidelines, even for cash purchases.
No Investors – Investor purchases are strictly prohibited.
Major Renovation Needed – The home requires significant repairs and is being sold “as-is.”
Financing Options – Cash or rehab loans only. Cash buyers must secure a construction loan approved by TAH to ensure necessary renovations are completed.
Utilities – City sewer hookup is available in the street; the property is currently on a septic system.
No Seller Repairs – The seller will not make any repairs.
This is a great opportunity for a qualified buyer looking for an affordable home with renovation potential!

📅 Schedule your showing today!

For more details, please contact the listing agent through the Zillow link below the photos.