3 BED 2 BATH BRICK HOME IN YORK SC - FIX & FLIP OR RENTAL OFF MARKET - $100k BELOW MARKET VALUE

York County, York, SC, 29745 view full address
For Sale
Listed at: November 27th, 2023
Price
$167,500
ARV
$320,000
Gross Margin
$152,500
Sq. Footage
1485
Type
Single-Family
Parking
Unassigned
Year build
1963
Lot size
43560.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
5
If someone buys for this price, no more offers will be accepted
Summary

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.






Properties may be occupied - DO NOT DISTURB TENANTS / OCCUPANTS Any showings must be scheduled and approved by an authorized representative at least 72 hours in advance. Upon acceptance of a 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/contract holder(s) financial or equitable interest. Any attempt to circumvent the contract holder will result in immediate legal action and recovery of financial damages including all legal fees required for such recovery. Information shared is confidential and privileged and shall not be re-shared or marketed without the explicit written consent of the contract holder. By submitting an inquiry, property address request, or making an offer you accept the terms and restrictions set forth in this statement.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Stephen Backholm

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Disposition manager