Lexington Sub-to - NO UPDATES NEEDED!! Turnkey rent ready

Lexington County, Lexington, SC, 29072 view full address
For Sale
Listed at: January 3rd, 2024
Price
$19,000
ARV
$480,000
Gross Margin
$461,000
Sq. Footage
2438
Type
Single-Family
Parking
Attached Garage
Year build
2022
Lot size
5663.00 sqft
Bedrooms
4
Bathrooms
3
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Turn-key Home with financing in place

NO UPDATES NEEDED!!

5.5% fixed 30 year term - Lexington SC

2022 build and 100% Turn Key. Rental ready - No updates needed!!

ARV / Retail Market value: $380,000 - $400,000

 

Buyers Entry Fee: $21,000 ( Less than 10% Down & Take Over Mortgage) 

Monthly Payments (PITI): $2,514.63

Est Principal Balance: $377,000

 

Neighborhood Rental Rates: about $2,750 / per month on the highest end

 

Recent Comparable sales within 1 mile or less:

121 Devin Dr, Lexington, SC 29072 ( Sold for $399,900 ) 

130 Heber Ln, Lexington, SC 29072 ( Sold  for $480,000 )

365 Stillington St Lexington 29072 ( Sold  for $406,000 )

424 Beesborough Ln Lexington 29072  ( Sold  for $402,000 )

Closing Deadline: On or before 2/30/2025 

 

Call or text 623-229-6571

 

Properties may be occupied - DO NOT DISTURB TENANTS / OCCUPANTS Any showings must be scheduled and approved by an authorized representative at least 72 hours in advance. Upon acceptance of a winning bid, the buyer will receive a purchase & sale contract which must be completed along with $5k EMD received within 24 hours of winning bid acceptance. This property is secured with a binding purchase and sale contract as well as a memorandum recorded with the county and attached to the subject property securing seller/contract holder(s) financial or equitable interest. Any attempt to circumvent the contract holder will result in immediate legal action and recovery of financial damages including all legal fees required for such recovery. Information shared is confidential and privileged and shall not be re-shared or marketed without the explicit written consent of the contract holder. By submitting an inquiry, property address request, or making an offer you accept the terms and restrictions set forth in this statement.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Stephen Backholm

No reviews

Disposition manager