Off-Market 2bd/1ba + adjoining lot in High Point! Perfect opportunity for any investor! Deeply Discounted from market value and listed for $11,000 under tax value. This single family, 1260 sq ft home is located in the heart of High Point- great location. Property is currently rented under market value- the tenant is paying an estimated $500 a month. Fair Market Rent value for a 2 bedroom in Guilford county according to huduser.gov is $859/mo. Tenant has expressed they are interested in moving. The house alone if remodeled and sold at a conservative $95/sqft would make an estimated ARV of $119,700 and that is without the added lot! Property will not last!
Asking $65,000 OBO. Assignable Contract. Serious Inquires Only! This is an AS-IS CASH ONLY sale! $2500 EMD required to enter into contract.
