PENDING - 💰1% Rule Rental Opportunity Near High Point University!🏡

Davidson County, Thomasville, NC, 27360
Sold
Listed at: November 21st, 2023
Price
$125,000
ARV
$189,900
Gross Margin
$64,900
Sq. Footage
2000
Type
Single-Family
Parking
Carport
Year build
1957
Lot size
0.29 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

DETAILS

  • 3 bed 2 bath
  • Estimated 2,000 sq ft
  • New vinyl exterior
  • roof 3-4 yrs old
  • in-ground pool with fence
  • kitchen, hallway, and bath downstairs has new flooring
  • 2 bedrooms on main level have real hardwoods
  • backyard and pool is fenced
  • metal shed in backyard
  • remodeled bathroom downstairs has sink w countertop, toilet, standup shower
  • upstairs bathroom has sink with formica countertop and cabinets, toilet, and tub shower combo
  • upstairs bath is vinyl flooring
  • Overall needs cosmetic touch up but is move in/rent ready
  • 1 car attached carport

Current rental rates in the market for similar homes is between $1,300 - $1,500/month


Rental Comps:

839 Bowerwood Dr - $1,500/mo

13 King Row - $1,300/mo


Comps:

22 Montlieu Ave, Thomasville, NC 27360

Sold: $175,000

311 W Guilford St, Thomasville, NC 27360

Sold: $189,500


Seller does want to stay in the property through Christmas but will be out by end of the year.

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

US Landvestors Dispo Team

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Disposition manager