Property Description:
Cash Flowing Rental Opportunity in Quiet Area
Nice Raeford rental opportunity. Will be delivered vacant. Each side of this duplex is one bedroom. One unit has one bathroom, one unit has two bathrooms. Structurally sound, possible updates include paint, updating fixtures and cleaning up the exterior. The property does not have central HVAC. Based on the size a mini split in each unit would suffice with minimal expense. Rent estimates are $675/unit, $1,350 total per month!
Unit A: 1 bed/1 bath 700sqft (approx, please verify)
Unit B: 1 bed/2 bath 700 sqft (approx, please verify)
Recently installed metal roof
Located in clean quiet area outside of town
Structurally sound
Does not currently have central HVAC
Well and septic, both in good operating condition
Comes with wired shed in back, lot is approximately 2/3 acre
Will need cosmetics, no known structural issues
Currently occupied but will be delivered vacant
Contact for access.
As always, YOU ARE RESPONSIBLE FOR YOUR OWN DUE DILLIGENCE. WE MAKE NO CLAIMS ABOUT THE HISTORY OR CONDITION OF THE PROPERTY.
Pictures: dropbox.com/scl/fo/n4h7pf5qp3irrftb7lzcb/ADnNPegK7ngzh5cTOM1j-XQ?rlkey=ggk9p1aekhg3huzf7v08n7qnc&st=m7f6f435&dl=0
ARV: $150k
Rent Estimate: $1,350 total ($675/unit)
Asking Price: $69,500
Deposit: $2,500
*Agents please add your fee above asking price.
*Sight unseen offers and offers from prior partners will receive priority.
For additional information or to view this property please contact:
Dan DeLeo
919-538-1385
dan@fivelionsnc.com
Disclaimer: We are not realtors and are not acting as such; please complete your own due diligence prior to submitting an offer. This contract is being offered for assignment; this has been communicated to the Seller and the contract has been certified with the Register of Deeds. Any attempt to usurp, re-market or re-brand this agreement will be viewed as hostile and will be prosecuted as such resulting in immediate legal action.