Perfect Landlord Deal with Immediate Income of $550/Mo in Lenoir, NC!
Cash Price: $39,900
ESTIMATED Amount of Repairs Needed: $5K-7K
Rental Cash Flow: $550-700/Mo
Other similar houses in the area have recently sold for: $74K-91K
Home Type: Metal Siding
Bedrooms: 2
Baths: 1
Square Feet: 1,150 Sqft.
Lot Size: 0.32 Acres
Year Built: 1940
Updates/Repairs That Have Been Done: Hardwood floors have been refinished.
Potential Updates/Repairs Needed: Floor in kitchen is unlevel and it has some soft spots, it will need some subfloor repair and flooring. Floor in bedroom needs some attention. Some soft floors in the front room that is being used as a bedroom. Ceilings have some seam issues where the sheetrock meets.
Property Description: Property has a bank in the front of the lot and the side. Wooden deck, partially covered. Original windows. Window units for air. Some rooms in the house are functionally obsolete. Back wooden deck. City water and sewer. Tenants are not on a lease. Current tenants are paying $550/Mo.
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.