71 Press Walters Rd
- PAY DOWN 1/3 + OWNER FINANCE BALANCE 3-5 YRS + MAXIMIZE RENTAL INFILL = HUGE YIELD $$$
- 720 SF building
- Constructed in 1974
- Strategic location in Hartsville / Patrick Area
- Versatile potential for development
- Strong market appeal
- Ideal for Land/Multifamily investment
- Massive High Yield 3-Acre Agricultural Worker Housing Potential Site
Property Description
Executive Summary Offered at $45,750, 71 Press Walters Rd represents a 3.16-acre land and small-building acquisition in the Hartsville/Patrick area, positioned for a low-basis residential or workforce-housing redevelopment strategy. The site includes approximately 137,603-137,800 SF of land and one 720 SF structure built in 1974, establishing a modest entry price for buyers focused on land control, infill potential, and flexible repositioning. The property is being marketed as a land/multifamily opportunity with possible seller financing, including structures such as one-third down with a 3- to 5-year financed balance. Surrounding demographics reflect a lightly populated rural setting, with 173 residents and 56 households within one mile, while the offering emphasizes access to the broader Hartsville area, nearby employers, and regional connectivity that may support future housing demand. The investment thesis centers on acquiring a 3.16-acre tract at approximately $14,483 per acre with an existing residential improvement already in place, then pursuing a use strategy tailored to local demand and county approvals. Buyers should underwrite the opportunity as a basis-driven value-add land play, with upside tied to entitlement, redevelopment, rental infill, or alternative residential use execution. PAY DOWN 1/3 + OWNER FINANCE BALANCE 3-5 YRS + MAXIMIZE RENTAL INFILL = HUGE YIELD $$$ Invest in the future with this prime property located in the thriving Hartsville area. The 720 SF building, constructed in 1974, offers a solid foundation for the discerning Land/Multifamily investor. Boasting a strategic location, this property presents an exceptional opportunity to capitalize on the growing demand in Hartsville. With its versatile potential and strong market appeal, this property is perfectly positioned for those seeking to make a smart investment in a dynamic and promising area. Don't miss out on the chance to shape the future of this vibrant community with this compelling property offering. $45,750.00 Sales Price | Possible Owner Financing. Commission Structure is a $5,550.00 Flat Fee Split Between the Listing and the Selling Brokerage if a selling brokerage is involved. Property transfers at closing or seller financing payoff. Property "AS IS, WHERE IS". All potential uses are subject to Buyer Due Diligence with Chesterfield County Planning and Zoning. Discuss a possible half-down and Seller Financing of the balance. Solely Buyer Due Diligence Responsibility. Purchased at a tax sale. Research neighborhood development standards solely via buyer due diligence. No suit to quiet title performed or to be performed by Seller. Closing costs are the buyer's costs other than the basics. The Seller will execute a Quitclaim Deed at his cost or minimal required closing costs, with the Buyer paying the Buyer's costs on the Buyer's nickel.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $45,750 |
| Year Built: | 1974 |
| Lot Size: | 3.16 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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