Video Walkthrough
Summary
| Total After Repair Value | $210,000+ |
| Total Optimized Rent | $1,300 |
| Total Current Rent | Vacant |
| Starting Price | $115,000 |
| Buy it Now Price | $125,000 |
Property
| Address | City | Bedroom | Bathroom | Sqft | Acres | ARV | Current Rent | Optimized Rent |
| 1608 Youngs Mill Road | Greensboro | 3 | 1 | 1,137 | 1.07 | $210,000+ | $0 | $1,300 |
Comparables
| Address | City | Comp Link |
| 1608 Youngs Mill Road | Greensboro | https://triad.mlsmatrix.com/Matrix/Public/Portal.aspx?ID=DE-46156607444&eml=cG9tcGV5LnJvYmVydEBnbWFpbC5jb20= |
Details
| System | Notes |
| Roof | Flat Shingle – Need to patch or replace |
| Heating | Gas |
| Air Conditioning | Central Air |
| Plumbing | No Reported issues |
| Electrical | 200 Amp – No reported issues |
| Windows | Vinyl |
| Subfloor | Solid Throughout |
| Water Heater | Might be under the house or tankless |
| Water Source | City |
| Sewer Source | City |
Description
Rent/Retail ready house on a flat acre lot! House is in great condition overall and can be move in ready with very minimal work. Cleaning and painting mainly. Roof either needs to be patched or replaced. Power is currently off so the HVAC would have to be tested but it does not appear to be very old. House can probably sell for 140-150k as is similar to the ones in the comp link. Around 160K-170k with very minal work/updates similar to 3811 Edgewood Terrace. With more extensive renovations it may be able to sell for 210K+. There is an a comp .2 miles away that sold for 267k at 4244 Farlow Drive. It is slightly bigger but only on .46 of an acre versus 1.07.
Offer Process
Highest and best offer wins, beat the competition by choosing to “Buy it Now” at the listed ‘Buy it Now Price’
Showings
Contact Robert for showings 704-707-6945. Video walkthrough available.
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.