Property For Sales. $$$ Cash Price $48,995 $$$

600 S Church St, Spartanburg, SC 29306

$160,000 After Repair Value -
$48,995 Asking Price -
$50,000 Cost of Repairs =
$61,005 Potential Profit

Property Details

Asking Price $48,995

After Repair Value $160,000

Costs of Repairs $50,000

Potential Profit $61,005

Living Area 2759 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 2

Half Bathrooms N/A

Parking 1

Listed with Agent No

Property Description

600 S Church St, Salisbury, NC 28144
Cash Price: $48,995
Description:
This 2759 square foot single family home has 4 bedrooms and 2.0 bathrooms. It is located at 600 S Church St Salisbury, North Carolina. The nearest schools are Overton and Knox. After Repair Value (ARV) $160,000
Older home in livable condition.
Will need central heat and air installed for a full renovation and a lot of cometic work depending on the level an investor would want to bring it to it could be between $30,000 and $60,000 in repairs. Depending on the investors desire for the deal you could put 100K into this rehab. After repair value is based on the lower end for resale. A full out rehab could make it go for as much as $230,000 to $245,000
Comps:
200 Circle Dr, 4 bed, 3 bath, Sold Price $157,500, Sq.Ft. 2998, Sold on 4/21/2015
221 W Thomas St, 3 bed, 3 bath, Sold Price $230,000, Sq.Ft. 3000, Sold on3/20/2015
402 S Fulton St, 2.5 bath, Sold Price $147,000, Sq.Ft. 3127, Sold on8/4/2015
Features:
Range/Oven
Full Refrigerator
Washer/Dryer
Fireplace
Patio
Grass Lawn
Secluded setting

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