Perfect sub2 Condo Opportunity in Greensboro

Guilford County, Greensboro, NC, 27409
Sold
Listed at: March 7th, 2023
Price
$41,000
ARV
$135,000
Gross Margin
$94,000
Sq. Footage
1170
Type
Condo
Parking
Assigned
Year build
1997
Lot size
0.33 acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

SUMMARY

HOW CAN YOU PROFIT ON THIS DEAL?


Introducing a remarkable opportunity to own a stunning condominium in Greensboro, North Carolina - an area known for its picturesque surroundings and exceptional quality of life. This property is situated just a stone's throw away from the University of North Carolina at Greensboro, making it an ideal location for students and professionals alike.


Strategically located in a rapidly developing neighborhood, this condo promises an excellent return on investment. The property has unfortunately gone into foreclosure, creating a rare opportunity for savvy investors to secure a fantastic deal.


Our titled company has conducted a thorough analysis of the property and has confirmed that the title is clear, giving you peace of mind and a hassle-free ownership experience.


Don't let this opportunity slip through your fingers! Act now to secure your investment in one of the most sought-after areas in North Carolina.

👇👇👇


PROPERTY SPECS

  • 2 Bedroom
  • 2 Bathroom
  • 1-Parking Spot
  • 1170 Sq Ft
  • Vacant at close
  • Roof: Asphalt
  • Exterior: Vinyl
  • Interior: Drywall
  • Fireplace: Yes
  • A/C: Central
  • Heating: Heating Pump
  • Zestimate®: $130,000
  • Rent Zestimate®: $1,300
  • School District: Guilford County School District
  • Property Tax: $1,262




LOCK THIS ONE DOWN NOW!!

PURCHASE PRICE -


SUB 2 TERMS


Principle Balance: $54,810.76

Amount Owed in Arrears: $16,011.11

Amount owed in HOA Lein: 9,470.53

Amount to Seller: $5,000

Wholesale Fee: $10,000


This is an heir that is unsure of the numbers below, but I can confirm them when we have interested partners.

Interest Rate:

PITI:


Total to closing: $41,011.11


WALK THROUGH VIDEO BELOW 👇


We exclusively accept cash or hard money for all transactions. We have an assignable contract with the property owner that includes equitable interest. However, it's essential to note that we're neither the owner of record nor licensed realtors. Our properties require cash or private/hard money loans to be purchased, and we do not offer conventional or FHA financing unless explicitly stated otherwise. Prior to signing the contract, all inspections must be completed by the buyer. The properties are sold as-is, where is. Before submitting an offer and signing any contract, buyers must conduct all necessary due diligence. At the time of contract signing, buyers must provide a $2,500 non-refundable deposit. Unless otherwise indicated, buyers will be responsible for all closing costs. The closing involves assigning our contract with the seller to the end buyer. For transaction coordination, lender/foreclosure attorney communications, and delivering clear title, the buyer must pay a $595 closing fee to Pure Flair Homes.




Stop by today!! SUBMIT YOUR HIGHEST AND BEST OFFER BY THURSDAY 03/10/2023 by 2PM. ALL OFFERS WILL BE CONSIDERED! additional photos available.




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

Jamie Findlay

No reviews

Disposition manager