Handyman Special only $34,900 with tenant in Lenoir
We have a 2 bed 1 bath house for only $34,900 in Lenoir.
Great cash flow for a low price or move in yourself as tenant is not on a lease.
The house is 696 (+/-) square feet and sits on a 0.28 (+/-) acre lot.
House is currently rented. Current tenant is not on a lease, tenant is month to month. They are currently paying $400/mo.
There are no repairs that are currently needed, however, there is the ability to raise the rent with some minor updates and repairs.
Here are some of the potential updates/repairs to raise rents.
A tree fell damaging part of the detached carport. Front door needs attention. Could use flooring throughout. Some windows could be replaced. Some ceiling repair in the bathroom, would recommend an exhaust fan. The interior back door would need a door knob.
Other similar houses in the area have recently sold for around $50K
The property has a large lot. Covered front and back porch.
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.