$110,000
$104,900
4.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
1,824 SqFt
SOLD DATE : 10/21/2022
Key Details
Sold Price $110,000
Property Type Single Family Home
Sub Type Manufactured Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $60
Subdivision Rolling Hills
MLS Listing ID 3904010
Sold Date 10/21/22
Style Ranch
Bedrooms 5
Full Baths 2
Abv Grd Liv Area 1,824
Year Built 1999
Lot Size 0.340 Acres
Acres 0.34
Property Description
$20,000 price drop! Handyman/Investor Special! Buy at $0.57/sf, rehab and sell at $1.25/sf!! CASHFLOW! 5 bedroom, 2 full bathroom. Market rent is strong at upwards of $1800 per month (4/2 houses actually comp out higher at $2K/month due to low sample size). Section 8 currently pays $1,820/month for 5 bedroom houses in Statesville, and according to the Statesville Housing Authority "We currently have people losing housing vouchers because there are not enough 5 BR houses to rent"! Would also make a great retail "flip", with sales of rehabbed houses strong at $1.25/sf. Mechanically sound. House is structurally sound with a new roof but needs a lot of cosmetics- paint, flooring, kitchen and bath fixtures (for retail, or paint for rental), decks rebuilt, etc . . . The house was occupied up till 8-15-22. Deeply discounted for an as-is, all cash sale- no financing. Proof of funds at time of signing of contract.
Location
State NC
County Iredell
Zoning R8M
Rooms
Main Level Bedrooms 5
Interior
Heating Central, Forced Air, Natural Gas
Fireplaces Type Great Room
Fireplace true
Appliance Gas Water Heater
Exterior
Roof Type Composition
Building
Lot Description Level
Foundation Crawl Space
Sewer Public Sewer
Water City
Architectural Style Ranch
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Statesville Road
Middle Schools Statesville
High Schools Statesville
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with Dee Walker • Valarie R Brooks Real Estate
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