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Glendon Anderson
  • Flipper/Rehabber
  • Charlotte, NC
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30
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Fully Occupied Turnkey Duplex in Charlotte BIG DISCOUNT!

Glendon Anderson
  • Flipper/Rehabber
  • Charlotte, NC
Posted Jan 29 2015, 09:33

Price Renegotiated for you, this one will not last. 14% CAP rate. Must be able to close quickly.


This is a two unit duplex with 2 bed 1 bath on each and located (2/1) located 5 minutes from uptown Charlotte. Address is 1328 Fairmont St, Charlotte. This is a great buy and hold with a great rental history in a developing area.

Each unit is currently occupied @ $550 ($550 x 2 = $1100). Both tenant have been in place for over a year.@ $550 per month, total cash flow of $1100. All utilities paid by tenants.
Property management already in place (Optional) so all you have to do is write a check and start receiving payments.

Renovations done on 2009 which includes: New windows. .. New hot water heater. .. Rewired. .. Re-plumbed. .. New doors. Window AC unit.

Maintenance
Taxes = $922/Yearly
Insurance Estimate = $711/Yearly.

WAS: $65,000
NOW: $54, 000
Must be able to close Fast!!!!!!


This one will not last for too long.

Call or email for more details.

Glen
704-750-9065
[email protected]

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