ARV $300k-$400k
OFF MARKET – $225k Cash
CHECK OUT THE ARV COMPS below
Desirable SOUTH POINT area of BELMONT
6 minutes from Starbucks, Harris Teeter, SP High School
12 minutes to I-85
20 min. to CLT airport
12 minutes to I-85
20 min. to CLT airport
![](https://cdn.carrot.com/uploads/sites/8492/2020/09/unnamed-6.png)
Belmont is one of the most desirable real estate markets with new developments & new construction popping up everywhere.
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Armstrong Rd, Belmont, NC 28012
Property Details:
- Brick 2,558 sqft, 5 bedrooms, 4 bathrooms, 2 car garage
- Basement 1,000 sqft 2/2 apartment/mother-in-law suite in with kitchenette
- Main floor is 1,500 sqft ranch style 3 bed 2 bath, plus enclosed porches
- City water, private septic in good working order
- Good HVAC (2013); ROOF (2007) has 2 small leaks that need repair
- Tax value $193k; Annual taxes $847
The house has been very well maintained. It will need updating to reach higher ARV comps & compete with new homes, but needs no “repairs” except for the roof. This house has a driveway in front of the garage, and another driveway that winds behind for extra parking. The lot is almost half-an-acre with plenty of room for a large swing set & fort out back for the kids!
Transaction Details:
Property As-is
Close by October 12, 2020
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?
![](https://ci6.googleusercontent.com/proxy/AROarqw9Stl9dYwDvC8OgowE5bZA9Ilu7KxsJfU5_qUbs4LHY5tgbjwBP408FDAyLDBPR0lCH7G1bu2kfLI7jjZX2Cgashc2kiNOkvx2Jfi8En40BWFDHvE23TU6rrUkGh_GD9saO_uhx9c5WxtqXDhdvg8lNR5SRNDZaHA=s0-d-e1-ft#https://gallery.mailchimp.com/037a159ef13c81ab949f84a78/images/c5a1ecc2-b423-4d9d-b249-7cd4e1c57e39.jpg)
Call / Text Rochelle 704-765-4800
Rochelle@solutionhomeinvestors.com
![](https://ci6.googleusercontent.com/proxy/AROarqw9Stl9dYwDvC8OgowE5bZA9Ilu7KxsJfU5_qUbs4LHY5tgbjwBP408FDAyLDBPR0lCH7G1bu2kfLI7jjZX2Cgashc2kiNOkvx2Jfi8En40BWFDHvE23TU6rrUkGh_GD9saO_uhx9c5WxtqXDhdvg8lNR5SRNDZaHA=s0-d-e1-ft#https://gallery.mailchimp.com/037a159ef13c81ab949f84a78/images/c5a1ecc2-b423-4d9d-b249-7cd4e1c57e39.jpg)
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
Property information presented above is believed to be accurate; buyer to perform due diligence