Property Description:
Great rental property or flip investment property. Cash only – no banks loans with purchase. This is a 3 bed 1 &1/2 bath with 1,456 SF, city water/sewer, central heating/air, located North of Herron Circle of Ashville Hwy. Up and coming neighborhood with good comps. The house across the street was recently rehabbed and the house next door was just bought by an investor and is being rehabbed.
Asking Price: $43,000 OBO
ARV – Comps - $80.10/SF x 1,456SF = $114,626 (see attached Market Analysis Report)
Current Tax Value: $71,200
The bones of this property look good, but will need work. This property will need the following (buyer should do his/her own due diligence):
- Cleaning up and cleaning out. Lot of things to be removed
- New carpet, interior painting, ceiling fix – previous leaks but new roof was put on
- New Kitchen
- Some uneven floors – will need either some subflooring or joist work. Foundation looks solid and no known termite activity
- Bathrooms need work
- Gutters
- Cutting grass/weeds and landscaping
You may drive by but do not inspect until given access. For more information, please call or text David at 864-800-0523 or email david@kahlproperties.com.