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fixer-upper

[fik-ser-uhp-er] /ˈfɪk sərˈʌp ər/
noun, Informal.
1.
a person who is handy at making repairs.
2.
a rundown dwelling offered at a bargain price and suitable for improvement by a new owner, often with the object of resale at a considerable profit.
Origin
fix up + -er1, pleonastically suffixed to both words
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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