110 Zion Church Rd., Pacolet, SC 29372

3 Bedrooms / 1.5 Baths / Single Family

Property Status: Pending (Wholesale) |  For Sale: $56,000.00


Property Photos


VACANT (Contact Us for lockbox code and access to property). Almost Move In-Ready Instant Cash Flow Property -


Property Status:
This Property is currently...
  • Status: Pending (Wholesale)
  • For Sale: $56,000.00
Property Details:
3 Bedrooms / 1.5 Baths / Single Family
Property Style:
1-Story
Year Built:
1974
Finished Sq Ft:
1,000
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
The Carolinas Investment Group, LLC
(864) 915-0082

View on Individual's Website
Property Description:

Property Summary:

The house is in excellent structural condition but could use some improved vapor barrier/insulation in crawlspace. Sits on a nice 3/4 acre corner lot in Pacolet, SC. with a very strong rental market in area. Property needs a good cleaning and some appliances and will be ready to rent between $650 and $750 a month. Property is also in proximity (less than a mile) from city center and shopping areas.

Photos:

- CLICK HERE FOR PHOTOS

Location Details:

- County: Spartanburg
- City: Pacolet
- 17 min to Converse College
- 25 min to USC Upstate

Property Details (according to public record and/or seller provided info):
- 3 BR/1.5 BA
- 1000 Sq. Ft.
- Built in 1974
- 3/4 of an acre- This property is VACANT- DO NOT TRESPASS! Lockbox code will be provided upon request.


Additional Details (actual repairs TBD by end buyer)

- General condition is GOOD
- No visible major or structural issues
- Electric heat / No central AC
- Hardwoods throughout (under linoleum)
- Property needs updating if flipping but would be move-in ready to rent with just appliances.
- Property could immediately cash flow with average rental rate in area between $650 and $750 (based on other rentals in area and type of property)
- ARV is between $120K and $130K based on recent home sales in area

Offer Price: $58,500.00 Or Best Offer


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.
Buyer Beware: Information provided with this deal is for reference only--You must do your own due diligence!



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

Proud Affiliate Member of Think Realty

Newsletter

Stay updated with Upstate Carolina Real Estate Investors Association.


Privacy and Security Policies

Your email will never be shared or sold to other members, vendors or any other third party without your consent.
Privacy Policy   -   Security Policy

Disclaimer

www.UpstateCREIA.com  (Upstate Carolina Real Estate Investors Association) does not give legal, tax, economic, or investment advice. Upstate CREIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   Poster may be selling their equitable interest in said property(s).

Copyright 2020 © Upstate Carolina Real Estate Investors Association  All rights reserved.

This REIA Website is powered by: Real Estate Promo.