(Greensboro, NC) NOW VACANT AT CLOSE Fantastic Portfolio Property 🏠 Minimal work needed 🛠️ Offers great CASH FLOW 💰 FIRE SALE 🔥

Guilford County, Greensboro, NC, 27406
Sold
Listed at: June 19th, 2023
Price
$110,000
ARV
$175,000
Gross Margin
$65,000
Sq. Footage
1200
Type
Single-Family
Parking
Driveway
Year build
1923
Lot size
4792.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

DESCRIPTION

Unearth an attractive investment opportunity with this solid single-family home, favorably positioned in the lively hub of Greensboro, NC. Boasting a sturdy roof and reliable HVAC system, this property provides a sound basis for value enhancement.

This charming home comes with a responsible tenant in place until October, currently paying $1,000 per month, which promises an immediate return on your investment. The latent potential is palpable, given the possibility of escalating the rent to the prevailing market rate of $1,300 per month. Here lies an ideal investment prospect for those seeking a blend of stability and growth in their property portfolio.


PROPERTY DETAILS


Rehab Level: Minimal

Occupancy: Vacant At Close

Construction: Wood Framed / Vinyl Siding

Water Heater: Good Condition

Electrical Panel: Good Condition

HVAC: Great Condition (<5 Years Old)

Parking: Driveway

Roof: Great Condition (5 Years Old)


CLOSING AND ACCESS


**Property WILL NOT BE VACANT AT CLOSE**

DUE TO THE OCCUPANCY STATUS OF THIS PROPERTY

**NO SHOWINGS WILL BE SCHEDULED UNLESS A SOFT/VERBAL OFFER IS PRESENTED FIRST**

**Please CALL Ahead to Schedule An Appointment**


**Closing On 07/05/2023**



DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Trevor Wilcox

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Disposition manager