This investment property is packed with potential and sits on approximately .48 acres directly next to Fair Play R-II School District, making the location a strong fit for future development, rentals, or resale opportunities.The main residence is a 3 bedroom, 1 bath home that will require major renovation to bring it up to date, but still offers some beautiful architectural character and solid potential for the right investor or remodel project.A major feature of the property is the additional poured concrete basement/foundation already in place and ready for a residence to potentially be built above it. This adds flexibility for expansion, new construction, or future investment plans.With nearly half an acre, the property also offers potential for subdivision, spec homes, or expansion of a rental portfolio. Whether you're looking for your next flip project, redevelopment opportunity, or long-term investment, this property offers multiple avenues for value and growth.