Large Brick Ranch On Double Lot With Garage and Workshop
Cash Price $89,900
Amount of Repairs Needed $0 – $3,000
Potential Rental Cash Flow $ $850-$975
Potential Fix & Flip Profit/Equity $20,000 – 30,000
Other similar houses in the area have recently sold for $156,000
Home Type:Large Brick Ranch
Square Feet: 1613
Lot Size: Large double lot over an acre.
Year Built: 1957
This is a nice large brick ranch house on a large double lot.
There is a long term tenant in place that is currently paying $850 per month. The tenant would love to stay and could pay more rent to stay. The lease is up in February so you could renew the lease at a higher rate or give the tenant 30 day notice to vacate.
Property also has a brick workshop that is 1020 sq ft. and has a wood stove in it. It also has power and water run to it.
The house has a two car attached garage, laundry with utility sink is in the garage.
Potential Updates/Repairs Needed: Overall the house is in good shape. You could paint and carpet or pull up carpet and refinish the hardwoods would be about all you would want to do.
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.