3 BED 2 BATH BRICK HOME IN YORK SC - FIX & FLIP OR RENTAL OFF MARKET - $100k BELOW MARKET VALUE
This 3 bed 2 bath in York SC sits in a quiet neighborhood ideal for first time home buyers and young families. The property needs general modernization and updating. The home has been well maintained but no renovations have been done in 30+ years - Ideal Fix & Flip opportunity or great for a landlord buyer who doesn't want to do major renovations but minor touch ups and keep this as a cash flowing asset. This property will produce fantastic cash flow and meet the 1% rule with no problem with over $100,000+ Equity
3 BED 1.5 BATH 1485 SQFT
ARV / Retail Market value = $270,000 - $320,000
REDUCED PURCHASE PRICE - $167,500
Area Rental Rates: $1,800 - $2,000 / Month
Comparable Sales:
9 Park Dr, York, SC 29745 Sold for $320,000 on 9/07/2023
51 Railroad Ave, York, SC 29745 Sold for $279,900 on 8/31/2023
53 Railroad Ave, York, SC 29745 Sold for $277,500 on 8/29/2023
220 Oakwood Ave, York, SC 29745 Sold for $266,000 on 7/10/2023
FOR QUESTIONS OR TO SUBMIT AN OFFER ON THIS PROPERTY
CALL OR TEXT (704) 396-5042
Closing Deadline:
On or before 1/19/2024
Disclosure and Next Steps:
Property is currently occupied - DO NOT DISTURB TENANTS / OCCUPANTS Any showings must be scheduled and approved by us at least 72 hours in advance. Upon acceptance of the winning bid, the buyer will receive a purchase & sale contract which must be completed along with $5k EMD received within 24 hours of winning bid acceptance. This property is secured with a binding purchase and sale contract as well as a memorandum recorded with the county and attached to the subject property securing seller/assignors financial interest.
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