For sale Home

Listed Jul 15, 2026

$59,900 Est. $396/mo

302 Water Street

  • 3

    Beds

  • 1

    Baths

  • 1,771

    Sq ft

The story

Investor Special – Cash Buyers Take Notice! Unlock the potential of this fixer-upper situated on a desirable corner lot in Petersburg. This spacious home is full of character and timeless charm, featuring two beautiful original fireplaces, a classic farmhouse design, a welcoming covered front porch, and a durable metal roof. Major improvements have already been completed, including updated electrical and plumbing, providing a solid foundation for your renovation. While the home needs cosmetic updates and repairs, it offers an outstanding opportunity to restore its historic charm and build instant equity. Whether you're looking for your next flip, rental property, or renovation project, this home has the potential to become a true showpiece. Conveniently located in a quiet small-town setting with easy access to Lewisburg and Fayetteville. The property is located in a designated flood zone, which is common for this area. Property is being sold As-Is. Cash or conventional financing preferred.

Facts & features

Home type

Home

Year built

1900

Floors

2

Price per sq ft

$34

Included features

  • Fireplace

    2 fireplaces

  • Appliances

    Electric Range

  • Flooring

    Wood

  • Roof

    Metal

  • Water Source

    Private

  • Sewer

    Septic Tank

Mortgage calculator

Estimated monthly payment

$396 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $319
  • Property tax $60
  • Insurance $17

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Keller Williams Russell Realty & Auction

Broker Name

Keller Williams Russell Realty & Auction

Agent

Brent Perryman