2BR 1BA House in Shelby, For Only 25K, Cash Flow Rental!
The Numbers
Price $24,900
Updates / Repairs $1500
Would be a great cash flow rental!
Could rent for $400 – $450 month.
Property Details
BR 2
BA 1
SQFT 700
Built 1950
Repairs: Minor cosmetic.
Selling this 2BR 1BA house in Shelby for only 25K, worth around 40K after repairs.. Nearby houses are priced from around 35k – 40K.
The house needs repairs/updates in walls, sheetrock and some possible cosmetic updates. You could install an HVAC system if wanted.
With some basic updates this house can be an ideal rental property generating $400 – $450 per month in rent.
You will need, cash, private money or hard money and need to be able to close within 1-2 weeks, as our properties sell very fast.
$1,000 non-refundable deposit.
Buyer pays all closing costs.
Property sold as-is.
Please Do Your Due Diligence Before Signing Contract
All closings are held at a state licensed attorney office, just like any other real estate closing.
Please call our asset manager Daniel at 803-610-2164 or email Daniel@InvestorsRehab.com ASAP to get more pictures, details, availability status, and to schedule a viewing of the property.