743 N Vernon St, Spartanburg, SC 29303

3 Bedrooms / 1 Baths / Single Family

Property Status: Pending (Wholesale) |  For Sale: $59,900.00


Property Photos


VACANT (Contact for lockbox code and access). Great Flip OR Buy and Hold Opportunity in Growing Spartanburg Area.


Property Status:
This Property is currently...
  • Status: Pending (Wholesale)
  • For Sale: $59,900.00
Property Details:
3 Bedrooms / 1 Baths / Single Family
Property Style:
1-Story
Year Built:
1949
Finished Sq Ft:
1,407
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
Central Air
Contact Info
The Carolinas Investment Group, LLC
(864) 915-0082

View on Individual's Website
Property Description:

INSPECTION/WALKTHROUGH SCHEDULED FOR WEDNESDAY, SEPTEMBER 23 @ 11AM. We provide a one hour block of time for potential investors to come walk the property and collect whatever info they may need. Please be sure to bring with you or send on your behalf anyone that you will need to have review the property (contractors, realtors, etc) as there is currently no plan to schedule another inspection window. This time is only for property viewing and inspection. Out of respect for the current tenants and any other investors present please avoid discussing price and valuation regarding the property while on site.

Photo Link Below:

drive.google.com/drive/folders/14DSulKbW4kGvpAtWwn_CYVJgw0ExocV-?usp=sharing

Location Details:
Neighborhood: Cleveland Heights
Nearest intersection: N Vernon St & E Fremont Ave
1/2 mile to Cleveland Park
1/2 mile to Spartanburg Regional Hospital
4 miles to USC-Upstate
2 miles to Converse College


Property Details (according to public record and/or seller provided info):
3BR/1BA
1364 sq ft
Built in 1949
0.31 acres of land


This property is OCCUPIED: PLEASE DO NOT DISTURB OCCUPANTS (viewing times will be provided at later time)


Additional Details: (actual repairs TBD by end buyer):
Property in fair to good condition
Property had some updates done within last 5 yrs. (HVAC, hardwood floors, some windows)
Plenty of room in master and/or near laundry to add additional bathroom.
One new construction home and one complete reno are being done RIGHT across the street.
ARV est between $120K and $130K (based on recent comps in area)
Rents in area range betwen $700 and $1000 based on properties in proximity and sq. ft. (712 Reynolds St is a 3/2 1133 sq ft for $1050 AND 543 Saxon Ave is a 2/1 928 sq ft for $690)

Asking Price: $65,000.00 OBO

Transaction Terms:
Cash or Private Financing Only (bank/credit union financed offers will not be considered)
$2,500 Non-Refundable* Deposit required to secure the deal (*assuming marketable title)
Buyer pays ALL closing costs (please factor approximately $1200 PLUS title insurance, etc into your offer)
Closing attorney shall be selected by The Carolinas Investment Group. Title search and closing documentation preparation is started and in work.
Agents welcome! Please bring your cash buyers!! Please add your commission to your buyer's offer. Commissions are paid by your buyer.



Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

Upstate Carolina Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

Contact Us

Upstate Carolina Real Estate Investors Association
  • (864) 542-4202
  • 4501 Old Spartanburg Rd, Suite 15
  • Taylors, SC 29687

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