3 DUPLEXES & 3 SFH
“9 doors” on one parcel–East Spencer
OFF MARKET
ARV Rent $6,000/mo
- Doors 1-5 are all renovated within the past 4 years w/ paying tenants. (Currently $3,200/mo)
- Doors 6-9 need rehab. (ARV $2,800/mo)
Rented (5-Doors) Total Current Rent: $3,200/mo
3 SFH & Duplex = 5-Doors
- 115 Pinetree : $675/mo 2/1 952 sqft.
- 113 Pinetree: $640/mo 3/1 896 sqft.
- 111 Pinetree: $585/mo 2/1 952 sqft.
- 414 Railroad: $635/mo 2/1 (DUPLEX 1,632 sqft with. #117)
- 117 Pinetree: $665/mo 2/1
ALL properties have slab foundations, newer roofs, vinyl siding, water heaters, window AC, & appliances, well-maintained by owner.
PHOTOS Rented (5-Doors)
UnRented (4-Doors) ARV Rent: $2,800
2 Duplexes = 4 Doors
7. 412-A Railroad: ARV Rent $700/mo 3/1
DUPLEX 1,584 sqft. Need Rehab
9. 410-A Railroad: ARV Rent $700/mo 3/1
DUPLEX 1,584 sqft. Both sides rehabbed, needs renovations completedARV Total RENT = $2,800
Built in 1991 on slab foundations
PHOTOS Un-Rented (4-Doors)
Click HERE to be directed to GOOGLE MAPS location
412 Railroad Ave, East Spencer, NC
Property Details:
- RENTED 5-doors have been well maintained by a conscientious owner. All roofs replaced within the last 4 years. Tenants pay rent on time according to property manager.
- UnRented 4-doors need rehab and will rent for $700/ea door.
- All built on cement slab foundations in 1991
- City water & sewer
- Annual tax 2020 $3,658
5-doors Rented = $3,200
4-doors UnRented = $2,800
TOTAL RENT POTENTIAL = $6,000/mo
Transaction Details:
Close with cash or hard-money
Property As-is
Buyer pays all closing costs
$5,000 deposit (applied toward the purchase price)
Guaranteed clear title through closing Attorney
Have Questions? Want to inspect this property?
Call / Text Rochelle 704-765-4800
Rochelle@solutionhomeinvestors.com
WE ONLY OFFER OUR PERSONALLY OWNED PROPERTIES OR ASSIGNABLE CONTRACTS
Property information presented above is believed to be accurate; buyer to perform due diligence
