It most likely won't be a problem. If you have hesitations about it due to the well then calculate that into your cost to rehab. If the well is good then you make more profit otherwise you redrill and it's business as usual.
See if there are any public records on the well or look for the well head and see who installed it and call them. They usually put a stamp of their company name on it. I have lots of properties with wells and some are close to 50 yrs old and still kicking out strong water pressure. Its likely not an issue but you can at least find out some more info.
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