Wow; that's a lot of house for the buy! The beauty of an older property, among many, is knowing that it's able to weather the storms...aka sturdy...
The office-like area in the back could easily convert into a small business space...i.e. nail or hair salon, accounting office, counseling services.
I can't wait to see the final results. In many cities this house would easily net 450K +. Of course, as you note, the value of the community determines the 'realistic' value of the property.
Thanks for sharing. Real estate is an excellent investment strategy for growing BTC...Oh yeah!!!
Peace.