Property Description:
Nice Sub-To Opportunity in Fayetteville!
Great opportunity here to pick up a sub-to deal on brick ranch centrally located in Fayetteville.
Three bedrooms, two full bathrooms, 1,500 square feet. Will need a full renovation, please see pictures for detail. House is currently vacant and able to close any time!
Mortgage is with Shellpoint, approximate balance is $90,600 as of 12/8. The seller is approximately $3k behind so we will catch that up bringing it current at closing. PITI is $849.77, 4.25% loan.
Comps put this property at an ARV of $206k. Rent estimate $1,500/month.
3/2/1,500 sqft (approx please verify)
1963 build, brick, site built, .17 acre lot
Located in central Fayetteville area
City water and sewer
Will need full renovation
Available to view
ARV: $206,000**
Asking Price: $116,500 (Approx $91,000 sub-to and $25,500 entry)
Deposit: $2,500
*Agents please add your fee above asking price.
*Sight unseen offers and offers from prior partners will receive priority.
*Buyer pays closing costs
Pictures: dropbox.com/scl/fo/qh3r58wcxgf8k9jdtwbm6/AACabS9Ik2xHI35WjmI0BMs?rlkey=f7q95egoaie0yw0la2n7v1sul&st=5kump1w4&dl=0
For additional information or to view this property please contact:
Dan DeLeo
919-538-1385
dan@fivelionsnc.com
Contact for access.
As always, YOU ARE RESPONSIBLE FOR YOUR OWN DUE DILLIGENCE. WE MAKE NO CLAIMS ABOUT THE HISTORY OR CONDITION OF THE PROPERTY.
Disclaimer: We are not realtors and are not acting as such; please complete your own due diligence prior to submitting an offer. This contract is being offered for assignment; this has been communicated to the Seller and the contract has been certified with the Register of Deeds. Any attempt to usurp, re-market or re-brand this agreement will be viewed as hostile and will be prosecuted as such resulting in immediate legal action.