🏠🔥Fix&Flip SUBTO (3% interest rate) 3/2 Home in Huntington, WV $12K ARV $165K 🔥 🏠

Cabell County, Huntington, WV, 25701 view full address
For Sale
Listed at: November 29th, 2023
Price
$12,000
ARV
$165,000
Sq. Footage
2297
Type
Single-Family
Parking
On street
Year build
1900
Lot size
0.07 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

***FOR FASTEST RESPONSE PLEASE CALL OR TEXT THE AGENT LISTED ON THE DEAL***

 

Ben Toaff's Deal! (Instagram: AmericasTopWholesaler)

 

1136 10th Ave Huntington, WV 25701

 

!!!SUBTO DEAL!!! Great opportunity to take over a mortgage with a 3% interest rate. Large 3 Bed 2 Bath corner brick home in need of updating. Unknown age of roof but small leak in one bedroom. Original hardwood flooring throughout. Attic was converted to extra room. Central AC not working. Interior mostly original but with a little work can get it rent ready to cashflow with rent rates between 1400-1600. Property will be sold vacant with clear title.

 

Terms and breakdown below:

  • Existing mortgage balance taken over subject to: $117,296.94
  • monthly PITI: $764.60
  • interest rate: 3%
  • maturity date: 06/01/51

Money due at closing:

  • $12,000.00 (includes cash to seller + assignment fee)
  • Buyer pays all closing costs

Potential Rent Rate: $1,400-$1,600

Asking Price: $12K 

ARV: $165K

 

-Showing Instructions: Appt Only!!

 

-Sight unseen offers always prioritized.

-Must close with seller title company

-Buyer pays all closing costs 

-Deal not final until EMD is received.  

-Inspections done prior to contract. (Zero day inspection period)

-Realtors/wholesalers add commission to our asking price.

-We DO NOT work with Keyglee & New Western

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
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