Landlord’s Deal, Double the Money! 2 Pack Deal in Lincolnton NC!
Seller Financing Price: $79,900
$14,900 DOWN
3% INTEREST
$538.06 A MONTH for 144 MONTHS
Estimated Amount of Repairs Needed: $5K-10K (For Vacant Property)
Immediate Rental Cash Flow: $650
Potential Rental Cash Flow: $625
Potential Rental Income for Both: $1275
Bedrooms: 4 (Tenant Occupied Property) ; 1 (Vacant Property)
Baths: 1 (Tenant Occupied Property) ; 1 (Vacant Property)
Square Feet: 5,973 Sqft. (Tenant Occupied) ; 2,040 Sqft. (Vacant Property)
Lot Size: 0.551 Acres (Tenant Occupied Property) ; 0.822 Acres (Vacant Property)
Potential Updates/Repairs Needed: Laundry room would need to be updated and repaired. (Tenant Occupied Property)
Kitchen cabinets and countertops could be replaced. Needs some floor and subfloor repair. Needs flooring throughout. Some wall repair. (Vacant Property)
Property Description: Both: These two houses are on the same parcel. Water is shared between the 2 properties and is included in rent.
Tenant Occupied Property: The tenants in the one house are not asking for updates or repairs to be done. Tenants are on a lease. There is a new water heater. Storage area under house. Plumbing has been updated to PVC. Has an HVAC. Window units for upstairs air and space heaters for heat. Nice backyard and side yard. Hardwood floors in some room.
Vacant Property: The side door that leads to kitchen from outside is not used. Front yard is all paved. Nice backyard. Lot drops off on the side of the house. PVC plumbing. Newer water heater.
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.