Total After Repair Value | $150,000 |
Total Optimized Rent | $900+ |
Total Current Rent | $590 |
Starting Price | $80,000 |
Buy it Now Price | $85,000 |
Property
Address | City | Bedroom | Bathroom | Sqft | Acres | ARV | Current Rent | Optimized Rent |
1300 Buff Street | Greensboro | 2 | 1 | 690 | .20 | $150,000 | $590 | $900+ |
Comparables
Subject | City | Comp Link |
1300 Buff Street | Greensboro | Click Here |
Details
System | Notes |
Roof | New |
Heating | Gas – New |
Air Conditioning | Central – New |
Plumbing | No Reported Issues |
Electrical | Updated |
Windows | Vinyl |
Subfloor | Solid throughout. Slight slope in the bathroom but solid |
Water Heater | Electric, No Reported Issues |
Water Source | City |
Sewer Source | City |
Description
One of the cheapest houses in Greensboro! This house is the last of a dying breed in this condition at this price point. ARV is around 150k. New construction house recently sold for 215k (3/2; 1200 sqft). The roof was replaced around 6 years ago and the HVAC was replaced 2 years ago. Kitchen Cabinets and countertops were purchased from Lowe’s and installed around 7 years ago. The bathroom has a tub and surround combination and the surround was replaced 7 years ago before the tenant moved in. New flooring was recently installed on the bathroom floor. Living room and bedroom flooring is carpet but the owner believes there are hardwoods under the carpet. With an ARV of 150K and all major systems updated or in good condition this is a great investment. The only expense would be interior renovations. Lease of $590/month doesn’t end until March so the owner doesn’t want to show the property anymore. Don’t miss out on this great deal!
Offer Process
Highest and best offer wins, beat the competition by choosing to “Buy it Now” at the listed ‘Buy it Now Price’
Showings
No showings, please utilize the pictures and walkthrough video
Disclosures
ASSIGNMENT OF CONTRACT, CASH OR HARD MONEY ONLY, MUST CLOSE WITH OUR ATTORNEY, SELLERS DO NOT YET OWN, SELLERS ARE LICENSED NC REAL ESTATE AGENTS AFFILIATED WITH LEGACY REAL ESTATE SERVICES.
BUYERS TO PAY SELLER’S CLOSING COSTS
$2,000 NON REFUNDABLE EARNEST MONEY DEPOSIT DUE ONCE UNDER CONTRACT
TITLE IN THE PROCESS OF BEING CLEANED. EMD IS REFUNDABLE IF CLEAR AND MARKETABLE TITLE CANNOT BE OBTAINED BY CLOSING.