Perfect Rental Home For Discounted Cash Price in Ellenboro, NC
Cash Price: $19,900
Amount of Repairs Needed: $5k-7k For Rental
Potential Rental Cash Flow: $500-600
ARV: Average $53,750
Other similar houses in the area have recently sold for: $45k-62k
Home Type: Wood Siding
Bedrooms: 2 Could Be 3
Baths: 1
Square Feet: 1,056
Lot Size: .7 Acres
Year Built: 1948
Potential Updates/Repairs Needed: Needs a roof soon, there is evidence of leaks. Flooring throughout. 2 rooms need to be taken down to the joists, & joists need to be replaced. Updating throughout. Windows need to be sealed, maybe replaced. Some baseboard repairs.
Other Notes: Country setting. Perfect for a rental or owner occ. Water damage on ceiling. A lot of storage space in the house. Gas heat. Could be 3 bedroom.
Property Description: Are you a landlord looking for your next rental? We have a great deal for you at a discounted cash price. This home sits right in a very rural country setting. This means peace and quiet. There are some repairs and updates that need to be done to the house. There is evidence of leaks, so the roof needs to be replaced soon. The house needs flooring throughout. There are 2 rooms that the floors will need to be taken down to the joists and replaced. This house will only costs you around 5k-7k to get rent ready and has the potential to reach $500-600. This deal cannot be beat!
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.