1506 Seigle Avenue, Gastonia, NC 28054Cute 3Bd/1BA Home in Gastonia with a 12.8% CAP RATE This home has a newer roof, updated plumbing and electrical. Fenced in yard. Long term tenant is happy with the property and wants to stay. Needs carpet. Rented for $650/month on a month to month lease, can be converted to an annual lease. Please do not disturb the tenants.
Financials Taxes: $453/year Maintenance: $100 Insurance: $360/year Asking Price: $45,000 Yields a 12.8% CAP Rate!
Fix and Flip or Buy and Hold 206 W 4th St, Cherryville, NC 28021 $10,000
KEY FEATURES . Sq Footage: 1,620 sqft Bedrooms: 3 Beds Bathrooms: 1 Baths Property Ty,brpe: Single Family
DESCRIPTION This property needs a lot of work. Can be made into a 3/2. ARV of 3/2: $120K, ARV 3/1: $90K, Repairs: $60 retail flip, $40 rent ready.
Comps Address Distance Sqft Sold Price Sold Date 604 N Dixie St, Cherryville, NC 28021 0.1 mi 1,000 $89,500 03/21/17 616 N Dixie St, Cherryville, NC 28021 0.2 mi 1,050 : $93,500 10/25/16 408 N Mountain St, Cherryville, NC 28021 0.2 mi 1,626 $97,000 06/28/16