Summary
Contract for sale, NON-REFUNDABLE deposit due on signing.
**Buyers responsible for their own due diligence & closing costs**
Starting Price: $49K
Buy It Now: $49k
ARV: $102,000
Rental Analysis:
- Min. Rent Per Month: $808 (According to HUD)
- GOI: $9,696/ year
- Earn 10% YOY COC Return After Repairs
Highlights:
- Rehab Level: (Moderate-Heavy)
- See inspection report 👉HERE 👈 for full detailed breakdown of repairs needed.
- 2 Bed 1 Full Bath - 864 SQFT
- Roof: Outdated, needs replacement (Major Damage)
- A/C: Central Air - No A/C installed
- Furnace: Gas - No known condition
- Electric: Fuse box - Box needs updating and wires need to be rewired
- Plumbing: Needs replacement
- Windows: Windows old, need replaced (6 Windows)
- City Water & Sewer
- Property Taxes: $170.03/ year
- No known structural issues
Comps:
- 1645 NE Ashley School Cir, Winston Salem, NC 27105 (Flipped - Sold $93k March 2023)
- 928 23rd St NE, Winston Salem, NC 27105 (Remodeled - Sold for $99k April 2023)
- 3555 Prospect Dr, Winston Salem, NC 27105 (Remodeled - Sold $117k May 2023)
Contact Info:
- Property may be occupied, so please schedule a showing.
- To inquire about a showing or an offer call or text us at 👉 (336) 901-7216 👈
Seller of this property either owns or has equitable contractual interest in the properties marketed. Buyer pays all closing costs. Prices are based on an expeditious closing projected at 7 days or less. All properties are sold in as-is condition. Seller makes no warranty of any kind, expressed or implied.
Offer Out, LLC
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🚩Winston Salem, NC | 🏡 Great Solid Brick Rental Property 🔨
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current deal
comparables
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sold
#2
$123k
$99k
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