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Buy and Hold with Commercial Garage or Tear Down and Build a New House 900 Skyland Dr, Kannapolis, NC 28124 $68,000

KEY FEATURES
Property Type: Single Family with Auto Garage
Year Built: 1960
Sq Footage: 1,064 sqft House, 1200 sqft garage with 5 spaces
Bedrooms: 2 Beds
Bathrooms: 1 Baths
 

DESCRIPTION
The house was recently rented for $650/month. The garage was rented for $1200/month but could easily rent for $1500/month. Or you can tear down the garage and build a new house. House needs new carpet and paint to get it rent ready. Will need a new roof in approximately 3-5 years.

 

Selling Price: $68,000

Call 704-870-7339 or visit http://mathispropertygroup.com/900skylanddr.html  to view more pictures.


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Sub 2 with 23.1% Cash on Cash Return 7101 Dr Floyd Rd, Concord, NC 28025 $22,000 one time payment to reinstate the loan and includes assignment fee

KEY FEATURES
Property Type: Mobile Home
Year Built: 2006
Sq Footage: 1,188 sqft
Bedrooms: 2 Beds
Bathrooms: 2 Baths
Property Type: Single Family Home
Street Frontage: 201 ft.
 

DESCRIPTION
This property is available as a sub 2 with $22K to reinstate the loan and assignment fee. Could easily be made into a 3/2 by adding a closet in spare room. Needs carpet in one bedroom, a deck off back door and a new thermostat. Please do not disturb occupants. Shown by appointment only.

 

Rent Estimate: $950 for a 2/2 or $1100 for a 3/2. Financials

Monthly Payment PITI: $670.36
Loan Balance: $101,476.19
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Fix and Flip 1119 W. DAVIDSON AVE, GASTONIA, NC 28052 $57,000

KEY FEATURES
Sq Footage: 1,579 sqft
Bedrooms: 3 Beds
Bathrooms: 1 Baths
Property Type: Single Family Home
 

DESCRIPTION
Excellent fix and flip opportunity with tons of potential! Potential to make it a 5bed, 2 bath. ARV is $140,000. Repair estimate: $50,000

Note there is only one comp in the area supporting the ARV. It is 1021 Ridge Ave, Gastonia, NC sold for $140,000 on 6/14/17.

Selling Price: $57,000 Call 704-870-7339 or visit http://mathispropertygroup.com/1119wdavidsonave.html

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Buy and Hold 418 Torbush St, East Spencer, NC 28039 $24,000

KEY FEATURES
Year Built: 1955
Sq Footage: 910 sqft
Bedrooms: 2 Beds
Bathrooms: 1 Baths
Property Type: Single Family Home
 

DESCRIPTION
This 2/1 is an excellent buy and hold. Located in a private community. Needs very little to get it rent ready. $1K-$5K. Rent Estimate via Rentometer is $733. Cash flow is King!

 

Selling Price: $24,000 Call 704-870-7339 or visit http://mathispropertygroup.com/418torbushst.html

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Buy and Hold 94 Ross Cannon St, York, SC 29745 $35,000

KEY FEATURES
Sq Footage: 900 sqft
Bedrooms: 2 Beds
Bathrooms: 1 Baths
Property Type: Single Family Home
 

DESCRIPTION
This 2/1 is a good buy and hold. The roof is less then 10 years old, electric was updated to 200 amp service 6 years ago, hot water heater replaced 3 years ago, has wall mounted electric heat. Rehab estimate of $10K. Needs new kitchen cabinets, hardwoods need to be refinished, paint and new windows.Rent estimate is $700.

 

Selling Price: $35,000 Call 704-870-7339 or visit http://mathispropertygroup.com/94rosscannonst.html

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Fix and Flip 109 Adams St, Clover, SC 29710 $21,000 Firm

KEY FEATURES
Year Built: 1920
Sq Footage: 1000 sqft
Bedrooms: 2 Beds
Bathrooms: 1 Baths
Property Type: Single Family Home
 

DESCRIPTION
This 2/1 is an excellent flip opportunity. Needs new roof, needs new kitchen and bathroom and new flooring. Needs new windows and doors. No HVAC system in it. But has chimney in it. It has nice brick on outside. ARV: $98,000 Rehab: $40,000

 

Comps Address Sold for Beds/Baths Sq ft 210 Richland St $90500 on 8/7/17 2/1 850 205 Smith St $95000 on 8/17/17 2/2 1109 306 Jackson Ter $110000 on 9/6/17 2/2 1102 408 Memorial Dr $97000 on 7/24/17 3/1 875 Selling Price: $21,000 Firm ‚ÄčCall 704-870-7339 or visit http://www.mathispropertygroup.com/109adamsst.html  to see video

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Brick Tri-Plex in Gastonia 1213 Morgan St, Gastonia, NC 28054 $77,000

KEY FEATURES
Year Built: 1959
Sq Footage: 2,325 sqft
Bedrooms: 1/1, 4/1, 1/1 Beds/Baths
Property Type: Tri-plex
 

DESCRIPTION
This is an excellent opportunity to pick up a tri-plex. The middle unit is a 4 bed/1ba, and on each side is a 1 bed/1ba. Needs $40K in repairs and Rent Estimate: $1925/month.

Selling Price: $77,000

Call 704-870-7339 or visit www.mathispropertygroup.com/1213morganst.html
 


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Fix and Hold 104 E Ruby Ave, Gastonia, NC 28054 $27,000

KEY FEATURES
Year Built: 1940
Sq Footage: 644 sqft
Bedrooms: 2 Beds
Bathrooms: 1 Baths
Property Type: Single Family Home
 

DESCRIPTION
This 2/1 has been vacant for 6 months and needs $7-10K to be rent ready. Needs paint, flooring, ceiling repair in the kitchen, exterior scraped and painted. Rent Estimate: $750/month.

 

Selling Price: $27,000

Call 704-870-7339 or visit http://mathispropertygroup.com/104erubyave.html


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Fire Sale! Fix and Flip 159 Battleground Dr, Blacksburg, SC 29702 $55,000

KEY FEATURES
Year Built: 1920
Sq Footage: 2134 sqft
Bedrooms: 3 Beds
Bathrooms: 2 Baths
Property Type: Single Family Home
 

DESCRIPTION Large house has fire damage in one room, smoke damage in the rest of the house.

Rehab Estimate : $70-80K

ARV: $200,000

Selling Price: $55,000

Call 704-870-7339 or visit http://www.mathispropertygroup.com/159battlegrounddr.html


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408 Woodlawn Ave,Mount Holly, NC 28120 3 beds   1 bath   1,249 sqft
This 3 Bed, 1 Bath house can be made into a 3/2. Has beautiful hardwoods throughout.
Rehab budget 45K includes adding additional bath,
ARV for 3/2 $115K for a 3/1 $104K
Asking $40,000

Call 704 -870 -7339 or visit http://www.mathispropertygroup.com/408woodlawnave.html

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