Rental with Immediate Cash Flow $625 for Only $31,250
Cash Price $31,250
Instant Cash Flow $625.00
Home Type: Wood siding and a small block house
Bedrooms: 2 bedrooms one with a large dressing room
Square Feet: 1400
Lot Size: .50
Gas wall heater and window air conditioners
City water & Sewer
Property Description: There are 2 units the small block house has been occupied by the tenant for 15 years and the larger home that is pictured, the tenant has been there 6 months. Both are month to month. The tenants are happy and the lady in the larger home that is pictured is making some improvements to the property.
This house has a large front porch that needs a few boards replaced and the ceiling painted, great porch to sit and relax. This home has lots of storage, large closet with shelves off of the living room. However, like any property of this age there are always things that could be done if the tenant moves
Updates/Repairs That Have Been Done: Roof has been replace with a metal roof but ceilings were not repaired and show water stains but there are no active leaks. Tenant has put down laminate flooring in the entry way so it shows as a foyer. She has also begun painting and is adding cabinets to the bathroom and kitchen. The bathroom floors have a slight slope however the tenant says she has sistered the floor joist and the floor is not soft. She is currently working on adding a shower to the tub as the one there is a handheld.
Potential Updates/Repairs Needed: Carpet could be cleaned or replaced. Linoleum is vintage and in good shape.
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 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.