Affordable Homeownership Opportunity – 1.1 Acres with Renovation Potential | Only $29,900
Looking for an affordable way to invest in your future and own a home? This 1.1-acre property, offered through Torrington Affordable Homes (TAH), presents a rare opportunity for qualified owner-occupants ready to take on a renovation project and transform potential into reality. Priced at just $29,900, this property is perfect for first-time homebuyers, DIY enthusiasts, or anyone looking to create a personalized living space.
Property Features & Highlights:
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Owner-Occupant Requirement: Buyers must intend to live in the home as their primary residence and meet TAH income and credit guidelines. Cash buyers must comply with program requirements as well.
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No Investor Purchases: This property is reserved for personal homeownership only—not for flipping or rental investment purposes.
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Major Renovation Opportunity: Sold as-is, the home requires significant repairs, making it an ideal project for DIYers or those using a rehab loan.
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Flexible Financing Options: Available for cash or renovation loans. Cash buyers must provide proof of a construction loan approved by TAH.
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Utilities Information: The property currently uses a septic system, though city sewer connection is available at the street.
Why This Property is a Great Deal:
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Spacious 1.1-Acre Lot: Plenty of room for outdoor living, gardening, or future expansion.
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DIY & Rehab Potential: Perfect for someone who sees the opportunity to create a home tailored to their vision.
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Supportive Initiative: Be part of the Torrington Affordable Homes program, helping maintain affordable homeownership for local families.
Location & Neighborhood Benefits:
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Situated in a peaceful, well-established neighborhood
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Close proximity to schools, shopping, and public services
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Suburban setting with plenty of room to grow and personalize your space
Make It Yours:
This property isn’t just a house—it’s a project with purpose. Whether you’re a first-time buyer looking for your starter home or someone ready to create a forever home, this 1.1-acre parcel offers a unique blank canvas to build the life you want.
📩 Schedule Your Showing Today:
For more details on eligibility or to book a viewing, contact the listing agent via the Zillow link provided below the photos.
Don’t miss this rare opportunity—properties with this much potential at such an affordable price don’t stay on the market for long!
From Zillow
