Price $19,900
Updates / Repairs 10 to 12K
Potential Cash Flow $500/month
2BR 1BA rental property in Spindale, NC with 0.26 acres with storage building. It’s currently vacant, but has the potential to generate $500 monthly cash flow after some updates/repairs. There are hardwood floors throughout the house, cedar siding, large bedroom, good kitchen cabinets, enclosed back porch, window units for cooling and furnace heat. Washer and dryer is in the kitchen. City Water / Sewer. Refrigerator stays!
Recent Updates: Electrical and plumbing has been updated and water heater is in good condition. Some windows have been updated, Vinyl windows.
Repairs Needed: It needs a new roof, carpet, bathroom remodel and ceiling repairs. There’s a foundation crack on the left side corner of the front of the house, but floors feel strong.
Our deep discounted wholesale properties sell very fast to cash buyers that can close quick. Because of this, we do not negotiate on price. The price shown has already been discounted and is well below market value. Our buyers are fix and flip investors, landlords and cash home buyers looking for a deep discounted property that needs some work.