Charlotte Low-End Flip or Buy & Hold ONLY $42k (ARV = $85k)

[Glendon Anderson]

Property address is

1216 Bilmark Ave

Charlotte, NC 28213

Property Details:

- 3 Bed 1.5 bath, 1150 Sq Ft.

- Brick Siding

- New Windows,

- HVAC/Gas

- Original Hardwood Flooring (Still Solid)

Purchase Price: $42,000 (FIRM) with an ARV of $85,000

Repair Estimate - $12,000

Total Inv. $54,000

Rents for $1,000/mo ($775/Yr Tax)

Occupancy: Vacant

This property have a fire damage in the kitchen area from a old stove. There are smoke damage on the walls on the kitchen and other rooms. The kitchen will need to be redone along with a few studs replace in the kitchen. The damage was only done in the kitchen but the bathroom and the other rooms are still in tack. There are no evident signs of structural damage and it has original hardwood floors.

This will make a perfect buy and hold with a great cash flow or a low end flip.

Please call me for showings. 347-210-5974