Choose Your Path. Great Property for Only $9,900 DOWN Owner Financing in Hickory, NC!
Owner Financing Price: $34,900
Down: $9,900
Interest: 5%
Payment Amount: $264.16/Mo FOR 120 Months
ESTIMATED Amount of Repairs Needed: $25K-35K (Depending on finishes.)
Potential Rental Cash Flow: $600-750
ARV: $100K-140K
Other similar flipped houses in the area have recently sold for: $120K-143K
Home Type: Masonite Siding
Bedrooms: 3
Baths: 2
Square Feet: 1,257 Sqft.
Lot Size: .39 Acre
Year Built: 1948
Updates/Repairs That Have Been Done: Metal roof was added in 2004
Potential Updates/Repairs Needed: Some Windows are plexiglass, windows need to be replaced. Masonite siding needs some repair. Stoop is sinking into the middle. Fascia needs to be metal wrapped. Needs new gutters and needs to be regraded. The basement is holding water, but should be an easy fix with the gutters and grading. Enclosed back porch is rotting on the outside, back stoop is sinking as well. Tin roof on carport needs to be repaired/replaced. Hardwoods need to be refinished. Walls & ceilings need some attention. Kitchen cabinets are old & mix matches, need to be updated. Bathroom floor needs to be replaced. Tub is good, but tile needs to be replaced around it. Ceiling has evidence of past leaks but no active leaks. “Mudroom” has a hold in the floor. Laundry room has daylight coming through. Baseboards need to be repaired. Floors around the chimney in the house need to be repaired.
Property Description: Nice size lot. Stairways in the house are solid.
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.