Property Description:
Awesome Fayetteville Opportunity in Centrally Located Montclair Neighborhood!
Great opportunity to pick up this centrally located Fayetteville home that's in good shape and is being offered SUB-TO the existing loan!
All major items are recently updated and in great shape: HVAC, roof, water heater, all good.
A rare Fayetteville house with a garage! Paint and carpets were done in 2022 so they are in good shape. If renting you can clean it up and move a tenant in. If flipping, basic cosmetics are all you need.
Being offered sub-to the existing mortgage:
$165,362 approximate loan balance
$1,601 monthly PITI
5.25% interest rate
$26,000 entry fee includes loan catch up and assignment
Comps put this property at an ARV of $250k.
3/2.5/1,715 sqft (approx please verify)
1976 build, site built, .25 approx acre lot
Located in Montclair neighborhood, central to Fayetteville
City water/sewer
Available to view by appointment
ARV: $250,000**
Asking Price: $26,000 entry plus assumption of mortgage ($165,000 approx)
Deposit: $2,500
*Agents please add your fee above asking price.
*Sight unseen offers and offers from prior partners will receive priority.
*Buyer pays closing costs
Pictures: dropbox.com/scl/fo/k1n9kgiq65fykuemhd1mj/APJl6xGBfqAzQvn0ykrk5gw?rlkey=j0mtf71y1hhcfy1t3pwwfv1a7&st=u49vm7d9&dl=0
For additional information or to view this property please contact:
Dan DeLeo
919-538-1385
dan@fivelionsnc.com
Contact for access.
As always, YOU ARE RESPONSIBLE FOR YOUR OWN DUE DILLIGENCE. WE MAKE NO CLAIMS ABOUT THE HISTORY OR CONDITION OF THE PROPERTY.
Disclaimer: We are not realtors and are not acting as such; please complete your own due diligence prior to submitting an offer. This contract is being offered for assignment; this has been communicated to the Seller and the contract has been certified with the Register of Deeds. Any attempt to usurp, re-market or re-brand this agreement will be viewed as hostile and will be prosecuted as such resulting in immediate legal action.