$100K EQUITY & CASHFLOW!! with Financing in place

Gaston County, Gastonia, NC, 28052 view full address
For Sale
Listed at: April 17th, 2024
Price
$37,000
ARV
$265,000
Sq. Footage
1009
Type
Single-Family
Parking
Unassigned
Year build
1965
Lot size
21344.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

$100K EQUITY & CASHFLOW!!
with Financing in place

No Qualifying Required!

3.625% fixed 30 year term - Gastonia, NC

 

Property needs clean out, modernization, and cosmetic updates to be turn-key ready.

 

Buyers Entry Fee: $37,000 ( Take Over 3.625% Interest Rate)

- Monthly Payments (PITI): $754 / Month
- Rental Rates: $1,500 - $1,700 / month
- Cashflow = $750 - $950 / month
- Remaining Principal Balance: $124,000

Recent Comparable sales:

4306 Freeport Dr, Gastonia, NC 28052 ( Sold 03/22/24 for $260,000 )
150 Hickory Creek Dr, Gastonia, NC 28052 ( Sold 12/13/23 for $240,000 )
4315 Freeport Dr, Gastonia, NC 28052 ( Sold 12/08/23 for $265,000 )
4631 Merrywood Ln, Gastonia, NC 28052 ( Sold 10/12/23 for $220,000 ) 

 

Closing Deadline: Closing on or before 5/10/24

 

Properties may be occupied - DO NOT DISTURB TENANTS / OCCUPANTS Any showings must be scheduled and approved by an authorized representative at least 72 hours in advance. Upon acceptance of a winning bid, the buyer will receive a purchase & sale contract which must be completed along with $5k EMD received within 24 hours of winning bid acceptance. This property is secured with a binding purchase and sale contract as well as a memorandum recorded with the county and attached to the subject property securing seller/contract holder(s) financial or equitable interest. Any attempt to circumvent the contract holder will result in immediate legal action and recovery of financial damages including all legal fees required for such recovery. Information shared is confidential and privileged and shall not be re-shared or marketed without the explicit written consent of the contract holder. By submitting an inquiry, property address request, or making an offer you accept the terms and restrictions set forth in this statement.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact