All Forum Posts by: JC Gauthier

Here's a fantastic opportunity to own a house with built in equity.

3 bed 1 bath brick home close to Geneva College

*Corner lot

*Off street parking

*Walking distance to Geneva College and Playgrounds, minutes to turnpike and Rt. 376, Very well Maintained.

Currently occupied - do not disturb tenants - drive by only

house will be vacant by time of closing.

All new windows (triple pane) put in on the 1st floor...windows (bought & paid for) need to be installed on the 2nd floor.

Rents in the immediate area are $800-$900 per month.

We have equity interest in this property and we are selling the contract.

Thank you Teresa and Gane for your interest. Please look for an email, from my partner Jeff, with more information on the property. 

This property has been sold 

This property is a 6-plex. It is two separate buildings with 3 units per building. Front unit has (1) 3br/1ba, (1) 2br/1ba, (1) 1br/1ba. Back unit has (1) 2br/1ba and (2) 1br/1ba.. That makes this property a 10/6. It has been gutted and needs to be completed.

There are 6 sets of cabinets, sinks, appliances, bathroom vanities and fixture, toilets and light fixtures that are already purchased. It all comes with the property and are brand new, still wrapped and on pallets. That's almost $15,000 worth of stainless steel and stuff!

There are family issues going on and the completion of the rehab cannot be finished. This loss is your gain as the cap rate is 13.16%!

The estimate came from a GC with repairs about $80,500. About a mile off of I-40, this property will be a cash-cow for you.

Owner financing is an option and you would need to call me to discuss this.

We have equitable interest in this property and we are selling the contract.

Gane,

Thank you for your interest. I have just sent you an email. 

Tammy

This property is worth in the market value about $40,400 and is in need of about $7,000-$10,000 in work. In the neighboring towns, almost 3,000 people are looking of a place to live and have Section 8 vouchers. This house will bring in about $750 per month and it won't be long until you’re in a cash flowing position! You could get into this house with very little down and paying monthly. If this option is chosen, the price will be higher.

We have equitable interest in this property and we are selling the contract.

The property is in Hickory, NC. Unfortunately it is no longer available as it closed yesterday. Are you looking for multis in a particular area? What is the criteria?

Here's a fantastic opportunity to own a house with built in equity.

3 bed 1 bath brick home close to Geneva College

*Corner lot

*Off street parking

*Walking distance to Geneva College and Playgrounds, minutes to turnpike and Rt. 376, Very well Maintained.

Currently occupied - do not disturb tenants - drive by only

house will be vacant by time of closing.

All new windows (triple pane) put in on the 1st floor...windows (bought & paid for) need to be installed on the 2nd floor.

Rents in the immediate area are $800-$900 per month.

We have equity interest in this property and we are selling the contract.

This property is a 6-plex. It is two separate buildings with 3 units per building. Front unit has (1) 3br/1ba, (1) 2br/1ba, (1) 1br/1ba. Back unit has (1) 2br/1ba and (2) 1br/1ba.. That makes this property a 10/6. It has been gutted and needs to be completed.

There are 6 sets of cabinets, sinks, appliances, bathroom vanities and fixture, toilets and light fixtures that are already purchased. It all comes with the property and are brand new, still wrapped and on pallets. That's almost $15,000 worth of stainless steel and stuff!

There are family issues going on and the completion of the rehab cannot be finished. This loss is your gain as the cap rate is 13.16%!

The estimate came from a GC with repairs about $80,500. About a mile off of I-40, this property will be a cash-cow for you.

Owner financing is an option and you would need to call me to discuss this.

We have equitable interest in this property and we are selling the contract.

This property is worth in the market value about $40,400 and is in need of about $7,000-$10,000 in work. In the neighboring towns, almost 3,000 people are looking of a place to live and have Section 8 vouchers. This house will bring in about $750 per month and it won't be long until you’re in a cash flowing position! You could get into this house with very little down and paying monthly. If this option is chosen, the price will be higher.

We have equitable interest in this property and we are selling the contract.