Nice House w/ Basement & Stable Tenants $74900 in Hickory
We have a 3 bed 1 bath house with stable tenants in place for $74,900.
Current rental cash flow is $800/mo.
This is a great opportunity for an investor to buy a property below market with tenants already in place.
Tenants are not asking for any updates/repairs to be done but electrical needs a little attention.
The house is 1,536 (+/-) square feet and the lot is 0.3 (+/-) acres.
There is a basement with enough space for 3 bedrooms if you wanted to finish it. There is plumbing in the basement to also add a bathroom.
Other similar houses in the area have recently sold for $133K-155K
There have been some updates/repairs that have already been done.
Here are some potential updates/repairs that could be done. Some of the aluminum siding needs attention (very minimal). Electrical needs to be addressed. Bathroom in the basement needs some work to get it into working condition. Ceilings need some attention. Could use some paint.
This property has a paved driveway with carport. It has a nicely landscaped lot, with high pride of ownership. New water heater and an a/c that works well. Propane heat, large tank in the backyard. Laundry area is in the basement. Hardwoods through the house except in the bathroom and the kitchen.
Please call Lorraine at 803-610-2164 or email Lorraine@investorsrehab.com for the address and more details.
We have been providing deeply discounted properties in the Carolinas for over 30 years.
See more wholesale discounted properties and get on our buyers list for future deals at www.InvestorsRehab.com.