$73,500
$83,700
12.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
877 SqFt
SOLD DATE : 10/30/2020
Key Details
Sold Price $73,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 877 sqft
Price per Sqft $83
MLS Listing ID 3658218
Sold Date 10/30/20
Bedrooms 2
Full Baths 1
Year Built 1930
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 9148
Property Sub-Type Single Family Residence
Property Description
NEW roof (2019), New baseboard heat (2019). FLIX/FLIP, BUY & HOLD - you can decide & cashflow right away! Hardwoods throughout. Addition of 2nd bath was quoted at 5k, and if new buyer were to install after this tenant leaves the rental rate would be estimated at least 875/mo. Quotes for floor leveling $500/room labor. Please note tenants are at the 750/mo vs 875/mo due to renting before 2nd bath install and are ok with walking thru 1 bedroom to enter into current bathroom. Microwave, dishwasher, W/D will convey. Sold AS-IS! Great Investment Opportunity! Estimated RENT = 750 x 12 months = $9,000 (Annual 12 month lease in place, tenant pays all utilities) Tax = -301 Insurance = -420 Maintenance = -1000 Estimated NOI/CAP = $7,279 / 9.7%. Rents 750 - 850/mo
Location
State NC
County Gaston
Interior
Heating Window Unit(s)
Flooring Vinyl, Wood
Fireplace false
Appliance Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator
Laundry Main Level
Exterior
Roof Type Composition
Street Surface Dirt
Building
Building Description Wood Siding, 1 Story
Foundation Crawl Space
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Subject to Lease
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Bought with Curtis Waters • Real Estate Realty LLC
907 Country Club Dr, Lexington, NC, 27292, United States
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