Fixer-upper

Full definition of fixer-upper

Noun

1. (US) A house, property, car, or other object that needs to be fixed up or repaired, often purchased as an investment.
• 2003, Jay P. DeCima, Investing in Fixer-Uppers: A Complete Guide to Buying Low, Fixing Smart, Adding Value, and Selling (or Renting) High,^{http://books.google.com/books?id=oKP0o_H1iYIC} McGraw-Hill Professional, ISBN 0-07-141433-9.
2. A person who tinkers or fixes things up.