Walkthrough Video
Summary
| Total After Repair Value | $100,000 |
| Total Optimized Rent | $1,200 |
| Total Current Rent | Vacant |
| Starting Price | $45,000 |
| Buy it Now Price | $50,000 |
Property
| Address | City | Bedroom | Bathroom | Sqft | Acres | ARV | Current Rent | Optimized Rent |
| 847 N Graham Ave | Winston Salem | 3 | 2 | 879 | .12 | $100,000 | Vacant | $1,200 |
Comparables
| Subject | City | Comp Link |
| 847 N Graham Ave | Winston Salem | Click Here |
Details
| System | Notes |
| Roof | Metal – No Leaks reported or noticed |
| Heating | Previous system was oil heat, now baseboard heat. (Oil Tank removed) |
| Air Conditioning | Window/Wall Unit |
| Plumbing | No reported issues – Owner believes it’s not updated |
| Electrical | Updated – No Reported Issues |
| Windows | Good condition – Some Wood, Some Vinyl |
| Subfloor | Uneven but solid throughout |
| Water Heater | Electric – No Reported Issues |
| Water Source | City |
| Sewer Source | City |
Description
Rent ready home in Winston Salem! House has been rented out via section 8 at $600/month for many years per the owner. House was expanded from a 2 bedroom, 1 bath to a 3 bedroom, 2 bath many years ago. House seems to be in good condition overall with solid but sloping floors as often seen in houses of this age. Not many flips in the area but conservative numbers look to be around 100k ARV. Comps link will show houses with minimal to no upgrades. Houses in similar condition have sold for 70k cash.
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.