2-Story Rental or Flip w/Owner Financing in Statesville, NC!
See below for more pics and showing instructions.
This is a rare opportunity with owner financing and no bank qualifying. Your down payment is your credit.
The house is currently being used as a duplex but existing tenants are moving out. So you could make necessary repairs and rent it for a huge potential cash flow. Or move in one unit and rent the other or convert back to single-family and flip it!
This house has 2 Beds and 1 Bath in each unit and sits on a large level lot with sidewalks on our side of the street.
Keep it as a rental or do a full remodel fix and flip for huge potential profit.
Owner financing and no bank qualifying.
Price: 99,900
$24,900k DOWN
5% interest Payments are under $500 for 240 months fixed rate with no balloon.
Amount of Repairs Needed is around$10k – $15k for rental and $35k – $50k for Flip.
The house could potentially rent for around $750-$900/mo per unit for a total of $1,500-1,900 monthly income.
Other similar houses in the area have sold from $208,000 – $268,000 so this would also make a great flip as well.
The house is around 2,200 (+/-) sqft. The siding is in good shape. Has electric space heaters for heat and windows units for air.
Potential Updates/Repairs: plumbing repair in the kitchen and bathroom in both units, all windows in the house need to be replaced, and need floor coverings in both units. The downstair unit needs some ceiling tiles replaced in some areas. The upstairs unit needs the subfloor to be redone in a couple of areas and some electrical repairs.
With the price AND owner financing this one will sell fast so call now!
Text me at 803-339-2255 for more info.
You can also message me your email address and mobile number and I will send you more info.
We have been providing deep discounted properties in the Carolina’s for over 35 years.
See more pictures of this property and other wholesale discounted properties at https://www.investorsrehab.com/property/2-story-rental-or-flip-w-owner-financing-in-statesville-nc