This is special because it is a FIVE property portfolio deal for $299,000. The addresses are: 

300 Burtner Street Greensboro NC 27406

305 Burtner Street Greensboro NC 27406

1400 Bellevue Street Greensboro NC 27406

1219 Randolph Avenue Greensboro NC 27406

**Vacant lot on 1209 Randolph Ave conveys with 1219 Randolph property**

This portfolio is a great selection if you are interested in cash flow as these properties have a strong rental price as-is: it’s already at the 1% rule without any repairs done! We are seeing comps for similar properties bringing the ARV of this portfolio to a range of $560-580k. Even better than the current rental rate is that the ARV rental comps are coming in much higher - $1200 to $1300.These properties are close in proximity to each other and would be a great addition to your portfolio!

Below are the properties details:

300 Burtner St.

Single Family Home

3 bed/1 Bath

Tenant is MTM at $750

SqFt: 1400

Year Built: 1925

HERE are photos.

305 Burtner St.

Single Family Home

3 bed/1 Bath

Tenant is MTM at $750

SqFt: 1216

Year Built: 1928

HERE are photos.

1400 Bellevue St.

Single Family Home

3 bed/1 Bath

Tenant is MTM at $700

SqFt: 945

Year Built: 1961

HERE are photos.

1219 Randolph Ave.

Single Family Home

2 bed/1 Bath

Tenant is MTM at $600

SqFt: 980

Year Built: 1924

Additional lot on 1209 Randolph conveys with this property

HERE are photos.

In regards to comps, since all the subject properties are located in the same general neighborhood, we have compiled these comps to share for each of properties:

204 Gilbert St. - 3/2/1204 - $165,000

911 Caldwell St. - 3/1.5/1121 - $200,000

1203 Bellevue St. - 3/1/906 - $145,000

607 Lucerne St. - 3/1/912 - $142,000

HERE are rental comps for the area