Note: Other comparable listings in the area range from $439,601 up to $510,215. For more property details or to talk to a local real estate agent/broker about this listing CLICK HERE.

Ever hear of the saying, “Purchase the ugliest house on the prettiest block?” It’s an old real estate investor-ism that essentially translates into instant equity. This property is one of those examples. That’s because this house needs work, but once it is all spruced up the financial return could be staggering.

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts.