HUGE DEAL OPPORTUNITY in Kinston, NC (Video-tour available)

Lenoir County, Kinston, NC, 28504
Sold
Listed at: May 1st, 2024
Price
$194,000
Sq. Footage
3072
Type
Single-Family
Parking
Garage
Year build
1975
Lot size
0.48 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
1
Summary

End Buyers Only

Excellent Net Equity gain and excellent cap rate for rental or fix and flip, it is situated at the best area of the entire town.

Investment Opportunity + Leaseback (Only for 1 month) or seller move-out if needed.

Asking Price: $194,000 / Potential rent $2,100-$2,300

Short Leaseback 1 month or seller move-out
Monthly Rent: $2,000  of prepaid rent + Deposit At Closing

4 BD / 2.5 BA
Sq. Ft: 3,072
Lot size (Acres): 0.48
Year Built: 1975

Pre-approved Financing:
80% LTV DSCR Loan
Cash to Close (Estimated) = $59K - $64K
PITI $1,500

Why buy this property?

Excellent discount from the market value, excellent return potential.
Brand-new roof valued for $17,000
NO HOA

To secure this property, click the button
For more info: Text Alex Arias at (954) 6337826

Shopping and dining .2 Mi
Schools 2.2 Mi
Hospital 1.64 Mi
W  Vernon Ave .3 Mi
HVAC at end of life

Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities

Important Purchase Terms:
The information provided about properties is sourced from public records including property card and property tax records. We make no representations of any kind. Buyers are strongly advised to conduct their own due diligence before making an offer. A non-refundable earnest money deposit of $2,500 of the Asking Price and a signed purchase agreement are required to proceed with an offer. Our standard policy is an 'as is' sale with no contingencies or inspections, unless otherwise specified. Close as soon as the title is ready (approx 7 days). It is our company policy that the buyer pays for all closing costs including the title insurance fee.

 

DISCLAIMER:
DO NOT CONTACT THE OWNER/SELLER WITHOUT OUR EXPLICIT CONSENT. ANY ATTEMPTS TO RENEGOTIATE OR CONTACT THE SELLER WILL RESULT IN LEGAL ACTION

 

Videos

Walktrough 1800 Windsor Rd Kinston, NC

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

Alejandro Arias

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Disposition manager