Turn Key Off-Market 3 Bed 1 Bath Rental Property in Randleman, NC!!!

 Looking for a great off-market turn key rental in Randleman, NC? Look no further! This is the perfect investor opportunity.  3 bed/ 1 bath single story home built in 1930 containing 1,376 sq ft in Randleman, NC. Property has been very well maintained and is currently tenant occupied. Monthly rent is well under market rent which is a value add opportunity for an investor looking to add a single family rental property to their portfolio- or, this could be a great fixer upper for an investor looking for an off-market deal for their next flip. This house with the square footage could easily be converted to a 3 bedroom 2bathroom by adding a bathroom. Fair Market Rent for a 3-bedroom rental in zip code 27317 for year 2025 according to Randolph County, NC HUD Metro FMR Area is $1350.00/mo.

Estimated ARV: $215,000-$235,000 depending on repairs

Comparable Sales:

105 Neal St., Randleman- 3bed 2bath single story home containing 900 sqft, built 1900

Sold-$229,900.00 on 8/1/24

106 Neal St., Randleman-3bed 2bath single story home containing 1384 sqft, built in 2000

Sold- $232,000.00 on 1/26/24

217 Spencer St., Randleman-3bed 2bath single story home containing 1275sqft,  built in 1973

Sold-$254,900.00 on 3/11/24

Asking $120,000.00. Assignable Contract. Serious Inquires Only! This is an AS-IS CASH ONLY sale! $2500 non-refundable deposit required to enter into contract.

***AGENTS WELCOME- ADD YOUR FEE TO THE TOP OF ASKING PRICE***

***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.