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1093 Red Hill Rd, Mount Olive, NC 28365

4 Bedrooms / 2 Baths / Single Family

Property Status: Sold (Wholesale) |  Sold: $80,000.00

Property Photos

Buy and Hold deal in Mount Olive (close to Mount Olive University)

Property Status:
This Property is currently...
  • Status: Sold (Wholesale)
  • Sold: $80,000.00
Property Details:
4 Bedrooms / 2 Baths / Single Family
Property Style:
Mobile Home
Year Built:
Finished Sq Ft:
No Basement
Owner / Agent:
Property Features:
No Property Features Listed.
Contact Info
Deaver Capital, LLC
(919) 213-9150

View on Individual's Website
Property Description:

Buy and Hold property that is "HUD" approved (guarenteed rent). Tenant moved out and HUD can place another tenant if you set up paperwork under your name. Property needs about $1000-$1500 of cosmetic repairs (replace 2 interior doors, patch a few small holes, paint deck railings, replace light on backdoor exterior, etc) to be acceptable for someone to move in. Previous rent for this property was $750 with the ability to increase rents to $900. It has .90 acres of cleared land. The Master bedroom has a master suite and a large walk in closet. Minutes from Butterball, LLC where over 1000+ workers pass by the house and often need better housing. It would be a great property to continue to rent to Butterball's employees or either turn it into a daycare since there arent any daycares to service the Butterball employees. The house once was a home daycare before the previous owner passed. Dont let this deal pass by. 

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

Triangle Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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Triangle Real Estate Investors Association

727 West Hargett Street, Suite 209
Raleigh, NC 27603
(919) 754-3904

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