Great investment or rental property

844 Shelton Dr, Iron Station, NC 28080

$113,967 After Repair Value -
$97,500 Asking Price -
$2,000 Cost of Repairs =
$14,467 Potential Profit

Property Details

Asking Price $97,500

After Repair Value $113,967

Costs of Repairs $2,000

Potential Profit $14,467

Living Area 1404 ft2

Property Type Mobile Home

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $800

Yearly Expenses $223

Property Taxes $223

Net Operating Income $9,377

Cap Rate N/A

Property Description

Private convenient location with great schools! 2 Car carport and 2 sheds in back for plenty of storage. Stainless steel range/oven and above counter microwave. Kitchen island with plenty of cabinets. Garden tub and shower in master bath. Gravel drive with lots of room. New roof in 2008 per seller. Come and make this private setting yours to enjoy. Seller will consider flooring allowance with acceptable offer.

Repairs Needed

Needs new flooring, paint in all rooms except living room and dining room. Needs deck repaired.

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