Instant Rental Cash Flow Home in Shelby, NC
Cash Price $39,900
Amount of Repairs Needed $ None
Rental Cash Flow $600
Other similar houses in the area have recently sold for $70k-85k
Home Type: Brick
Square Feet: 1,280
Lot Size: 1 Acre
Year Built: 1941
Potential Updates/Repairs Needed: Soft spot between hall and bathroom. Small tears in vinyl in the kitchen. Wood floors, some have been replaced.
Property Description: Built in 1941. This beautiful brick home is rent ready and needs little to no repairs done to it! It has a basement with dirt floors. There is a water heater and a heat pump in the basement. City water and sewer. Private backyard. It is tenant occupied. Tenants have been there 4 months and are under a 1-year lease. There is a screened in back porch, with a shallow backyard. City owns lots beside and behind, but there are no houses on the lots.
Other Information: Basement with dirt floors. Water heater and heat pump is in the basement. Private backyard. Tenant occupied. Gas heat. Window units. City water and sewer. Windows are original but functional. Paved driveway. Laundry in the kitchen. Screened in back porch. Hardwoods throughout. Vinyl in the kitchen. Settlement crack in the ceiling in living room. No movement in years. Concrete floor on back porch. City own lots beside and behind. There are no houses on those lots. Back yard is shallow. Has a shed.
Our properties need updates/repairs and are offered at a deep discount for a fast cash sale.
Because our properties need repairs, they do not qualify for traditional financing.
Please call Lorraine at 803-610-2164 or email Lorraine@investorsrehab.com for the address and more details.
We have been providing deep discounted properties in the Carolina’s for over 30 years.
See more wholesale discounted properties and get on our buyers list for future deals at www.InvestorsRehab.com.