Great Rental Property with 11% ROI
This is a nice 3 Bedroom 1 Bath Single-Family Home located off 8432 East W T Harris Blvd, Charlotte with great potential Only need $9-12K in cosmetic repairs to be rental ready. Property is 1 minute from a newly built Wal-Mart. It is 1,334sq ft sitting on 0.53 acres, built in 1955. There are lot of development in this area most noticeable are townhomes recently built.
Watch Virtual Tour Here.
https://www.youtube.com/watch?v=uixZfo_j6T4
Investors Details;ASKING ONLY $64,000
Repairs $9k-12k (Carpet, Kitchen, Mold Treatment, Paint, A/C)ARV Est. - $95-100k
Rents between $900-$950
Recent Comps in the area for 3/1 are between $97-$104k.Yearly Income = $10,800
Yearly Expense = $1956 (Taxes & Insu) ROI = 11% Call or email for more details -Glendon (704) 750-9065 Email: [email protected]