Property Description:
Flip or Rental Opportunity- Solid Shape, Under $50k!
Opportunity for a nice little rental at a great price, forget the 1% rule (estimated $1,100/mo rent) this one should hit 2% and will be a steady cash producer given it is in a strong rental area! Cute and small (less maintenance), about 700sqft. Two beds, 1 bath. Structurally sound. Window HVAC. Was most recently lived in by mother of previous owner; now vacant.
The items in the house will come with it so it will need cleared out of anything you don't want to keep. Roof older but in good operable condition. Structural items all in good condition. City water/sewer.
Property is vacant and can close any time.
2/1/700 sqft (approx please verify)
Structurally sound, needs cosmetic update
Located in quiet area, convenient to Fayetteville, Wilmington and surrounding
Window HVAC units
Roof older but ok, no leaks or visible issues
City Water/Septic
Available to view
ARV: $87,500**
Rent Estimate: $1,100/mo
Asking Price: $43,500
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/chohvqmpmqfc9a6g9ezt3/AOnJN1bzlMZzJPIc_I8B574?rlkey=hn0gx70k9l589ykh1oy6i8bpi&st=9qj8c6qh&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.