$20,000 price drop! Handyman/Investor Special! Buy at $0.57/sf, rehab and sell at $1.25/sf!! CASHFLOW! 5 bedroom, 2 full bathroom. Market rent is strong at upwards of $1800 per month (4/2 houses actually comp out higher at $2K/month due to low sample size). Section 8 currently pays $1,820/month for 5 bedroom houses in Statesville, and according to the Statesville Housing Authority "We currently have people losing housing vouchers because there are not enough 5 BR houses to rent"! Would also make a great retail "flip", with sales of rehabbed houses strong at $1.25/sf. Mechanically sound. House is structurally sound with a new roof but needs a lot of cosmetics- paint, flooring, kitchen and bath fixtures (for retail, or paint for rental), decks rebuilt, etc . . . The house was occupied up till 8-15-22. Deeply discounted for an as-is, all cash sale- no financing. Proof of funds at time of signing of contract.
Statesville RoadElementary School