Great Investment Opportunity 3bed/2bath on 4.5 Acres in Thomasville, NC!!!
Great Investment Opportunity 3bed/2bath on 4.5 acres in Thomasville, NC!!! 3bed/2bath single family, single story home containing 1596 square feet on 4.5 acres in Thomasville, NC. The house has an extra bonus room on the back of the house that was being used previously as an additional bedroom. This house is on a very large lot in the county. Property is on well and septic. The house has an attached carport. There is a building on the back of the house for storage, a large 4-bay detached garage with power and HVAC, another large detached building directly behind the 4-bay garage, and another small building almost like a potting shed on the property. The property line/lot is the shape of a rectangle, the house is pretty far back from the street and the lot continues to go back. The house has fairly new roof that looks to be in good condition, newer vinyl siding, vinyl replacement windows, granite countertops, and the house is solid. Not sure of the age of the HVAC in the house, but it is in working condition. So much potential with this property!! This property has been a rental property so there have been no periods of the house sitting vacant. Great investment opportunity for someone looking for their next property to flip or a quick refresh for a ready to go rental property. Priced deeply discounted under current market value, huge ROI potential. Estimated ARV is $300,000.00 +/- based on a comparable market analysis, could be more depending on updates. Market rent for this property would be approximately $1600/mo +/- for the house only, could add a few hundred dollars extra monthly just for the detached garage and other building.
Asking $195,000 OBO. Serious Inquires Only! This is an AS-IS CASH ONLY sale! $2500 EMD required to enter into contract. 2 week or less close required.
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***if you are interested in this property, please reach out to us directly***
Direct and legally binding and assignable purchase and sale agreement has been executed between the owners/sellers for the purchase of this property and a memorandum of contract has been recorded. We are offering to sell our equitable interest in this property. This contract is available for purchase for an assignment fee included in the price shown above. Do not attempt to contact the seller/owner for any reason. Swift legal action will be taken. ZERO UNAPPROVED RE-MARKETING WILL BE TOLERATED.
