Walkthrough Video
| Total After Repair Value | $125,000 |
| Total Optimized Rent | $1,200 |
| Total Current Rent | Vacant |
| Starting Price | $85,000 |
| Buy it Now Price | $90,000 |
Property
| Address | City | Bedroom | Bathroom | Sqft | Acres | ARV | Current Rent | Optimized Rent |
| 4007 S Bend Drive | Winston Salem | 2 | 1.5 | 1024 | .01 | $125,000 | Vacant | $1,200 |
Comparables
| Subject | City | Comp Link |
| 4007 S Bend Drive | Winston Salem | Click Here |
Details
| System | Notes |
| Roof | New |
| Heating | Heat Pump – No Reported Issues |
| Air Conditioning | Heat Pump – No Reported Issues |
| Plumbing | Line to unit recently replaced – No reported Issues |
| Electrical | No Reported Issues |
| Windows | Wood |
| Subfloor | Solid Throughout |
| Water Heater | Electric |
| Water Source | City |
| Sewer Source | City |
Description
Great condo with equity opportunity close to all the major highways (40,52,74) in Winston Salem. House needs minimal work for rental or retail. Paint and flooring will be the main expenses but flooring is actually in good condition and can be salvaged if desired with exception to the bathroom flooring. Majority of the comps kept their original bathrooms and kitchens and just painted and installed new flooring before selling retail in the 115k-125k range in less than a week. Comps could probably be pushed up to at least 130k or more depending on the finishes. If you prefer to hold there is a rental unit in the same complex listed for $1,295/month. Bathroom vanities have been demolished so please factor that into your repair numbers. HOA fee is $150/month.
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.
HOA Information
Rebecca Aldrige (Email Preferred)
Southwindvillas@yahoo.com
336-650-9668
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.