Fix & Flip OR Rental Property with the Ability to Make $500/Month in Rutherfordton, NC
Cash Price: $29,900
Estimated Amount of Repairs Needed: $5K (Rent Ready) 15K-20K (Fix & Flip)
Rental Cash Flow: $300/Month to Month
Potential Rental Cash Flow: $500/Month
Estimated Potential Fix & Flip Profit/Equity: $50K
Other similar houses in the area have recently sold for: $32K-39K (Rental) 80K-90K (Fix & Flip)
Home Type: Aluminum Siding
Square Feet: 900 Sqft.
Lot Size: 0.18 Acres
Year Built: 1910
Updates/Repairs That Have Been Done: Plumbing work done in bathroom shower.
Potential Updates/Repairs Needed: Driveway has been washed out and needs more gravel. Siding could be pressure washed. Backyard needs to be cleared. Gutters need a little work. Could use updated flooring throughout.
Property Description: Rented right now. Tenants are month to month and not on a lease. A new lease would need to be created with the tenants. Tenants would like to stay. Tenants are happy and are not asking for any updates to be done. Shared driveway with another house. Shallow front yard, small side yard. Window units for air and baseboard heat. No HVAC. Storage building with power.
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.