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Archived about 5 years ago

$19,900

2 bd 1 ba 784 sqft

W Elm St, Shelby, NC 28150

Residential SFR Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Great rental house for sale in Shelby

The Numbers
Price $19,900
Updates / Repairs 5K to 10K
Monthly Cash Flow $350-$450/month

Property Details
BR 2
BA 1
SQFT 784
Acres 0.18
Built 1920
Some Repairs Needed

Description:
Checkout this 2BR 1BA 780 sqft rental house with storage unit in Shelby, NC.
Currently vacant but would make a great cash flow rental. After little updates it can be ready for tenants to move right in.
The house has new plumbing, wiring, bathroom, windows and new duct work for HVAC
Some updates/repairs needed in roof, flooring, gutters and some cosmetics to make it rent ready.

Investors Rehab is a property wholesaler and has been providing deep discounted “Off-Market” properties in the Carolinas for over 10 years to homeowners and investors looking for a fix & flip or cash flow rental.

You will need, cash, private money or hard money and need to be able to close within 1-2 weeks, as our properties sell very fast.
$1,000 non-refundable deposit.
Buyer pays all closing costs.
Property sold as-is.
Please Do Your Due Diligence Before Signing Contract

All closings are held at a state licensed attorney office, just like any other real estate closing.

Please call our asset manager Daniel at or email [email protected] ASAP to get more pictures, details, availability status, and to schedule a viewing of the property.

For More Pics visit:
http://www.investorsrehab.com/property/great-rental-house-for-sale-in-shelby/

Location:

W Elm St, Shelby, NC 28150

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.