Property Description:
Located in Clarkton which is between Fayetteville and Wilmington. Opportunity to take over payments on this loan that has a $73k balance at 3.25% with PITI of $626.08. Entry fee is $25,000 which includes arrears on the loan so it will be current at close.
Most recently owner occupied, now vacant. Will need cosmetic updates. Roof is older but no leaks. HVAC only a couple of years old. Water heater older but operational.
No known structural issues. Solid comps within past six months put ARV at $197k, central location will keep interest high in this property. A good pickup!
3/3/1,646 sqft (approx please verify)
.83 Acre Lot
Loan Balance: $73k at 3.25% and PITI of $626.08
Roof age unknown but no known issues per owner
Located in clean area
Good structural condition, needs cosmetics
HVAC in good shape, newer
City water/sewer
Vacant, free to view by appointment
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/1y1ujc64ovtjn2toyq42l/AOtfXwwlkZEHSnYwYFiFEp0?rlkey=ekt0so9catoyue7k8anuthjlk&st=g01zsju0&dl=0
ARV: $197,000
Rent Estimate: $1,375/mo
Asking Price: $25,000 cash plus loan takeover (loan balance $73k)
Deposit: $2,500
*Agents please add your fee above asking price.
*Sight unseen offers and offers from prior partners will receive priority.
*Buyer pays closing costs
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.