$103,000
$109,900
6.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,140 SqFt
SOLD DATE : 06/03/2019
Key Details
Sold Price $103,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,140 sqft
Price per Sqft $90
Subdivision University Park
MLS Listing ID 3508342
Sold Date 06/03/19
Bedrooms 3
Full Baths 2
Year Built 2003
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Priced like a foreclosure!!! Needs some clean up on the outside, an HVAC repair & missing unit, roof repair, and some sheet rock in back bedroom (around 10-13K in repair money to get rent ready based on verbal quotes received). This gorgeous 3 bed 2 bath should bring in approx. 7-10% ROI as a rental depending on what numbers you're using for repairs and maintenance, taxes and insurance, and if you use a PM. Property Managers have estimated rent at $1200/month & there's no HOA dues! White kitchen cabinets, decorative counter with tile backsplash, vaulted ceilings, nice light fixtures, crown moulding, clean baths, just minutes from downtown! ARV could be anywhere from 130-160K depending on which comps you're using. See these recent sales in University Park: 2727 West Blvd. tax value of 51,800 3 bed 1 bath sold for 162,900, 2201 English Drive sold for 191K with 3 beds 2.5 baths, and 2709 Englehardt St. 3 bed 1 bath with tax value 41,600 listed at 154,000 under contract now.
Location
State NC
County Mecklenburg
Interior
Interior Features Open Floorplan, Vaulted Ceiling
Heating Forced Air, Heat Pump
Appliance Dishwasher, Refrigerator
Building
Lot Description Level, Wooded
Building Description Vinyl Siding, 1 Story
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with Jennifer Downs • Better Real Estate Carolinas
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "