Forestway Dr, Mt Holly, NC 28120 Sold

Forestway Dr, Mt Holly 28120
OFF MARKET
ARV $200k (see the comps!)

Rent/Rehab the house, sell/build on the lot

SOLD COMPS of older homes support ARV $200k
NEW builds average sale $175 sqft (build on the lot!)

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Forestway Dr, Mt Holly 28120

Needs general maintenance/ clean-up/ updating;  brick, windows, roof in good condition. Great comps!

Property Details:

  • 1420 sqft, 3 bedrooms, 2 full baths on one of the .45 acre lots [total .90 acre with adjacent lot]
  • Original hardwoods in good condition, Foundation appears sound
  • Windows have all been upgraded, Roof (2010)
  • City water, private septic, central HVAC
  • Currently rented $900/mo to 6-yr tenants (can stay or leave)
  • Adjacent lot has old pool & concrete deck on separate parcel (.45 acre)
  • Total tax value $121,010;  Total tax bill (paid) 2019 $1,138.90

Property Needs:

  • AC not working (Tenant is using window units)
  • Septic is “acting up”
  • Bathroom #1 needs new shower installation completed
  • Adjacent lot: Pool is most likely unrepairable

Transaction Details:
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
Address:
Forestway Dr
Mount Holly, NC 28120
Terms:
For Sale
Property Type:
Home

Call 704-837-1600 for more details

Property Location