2BR Brick Home in Shelby NC
The Numbers
Price $39,900
Updates / Repairs 10K to 15K
After Repair Value: $90,000
Potential Cash Flow $600 to $700/month
Property Details
BR 2
BA 1
SQFT 1,144
Built 1940
Repairs Needed
Fix & flip for profit or rent for a monthly cash flow of $600 to $700/month.
The house has been vacant for 2 years but still has power, working alarm system, and also a gas fireplace in working condition.
Lots of custom brick work inside the house.
There’s a storage building in the back of the house.
The roof is only 5 years old.
Repairs and updates needed in bathroom, kitchen, windows, paint and carpet. Also needs a HVAC.
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.
