Get Active, JOIN TREIA!


Welcome to the Triangle's Real Estate Investors Association (TREIA).  It is our purpose to help you succeed as a Real Estate Investor. Why wait? Take charge of your future and join hundreds of other investors today!

JOIN TODAY


424 S Gaines St, Southern Pines, NC 28387

3 Bedrooms / 1 Baths / Single Family

Property Status: Sold (Wholesale) |  Sold: $65,000.00


Property Photos


Cash Flowing Southern Pines Rental Available Now!


Property Status:
This Property is currently...
  • Status: Sold (Wholesale)
  • Sold: $65,000.00
Property Details:
3 Bedrooms / 1 Baths / Single Family
Property Style:
Ranch
Finished Sq Ft:
1,000
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
Central Air
Fireplace
Patio
Porch
Contact Info
Lion Properties of NC, LLC.
(919) 473-6650

View on Individual's Website
Property Description:

Turn Key Rental Available in Solid Southern Pines Neighborhood

 

 

 

3/1/1,000
Rented for $700/month
MTM Lease & Planned Increase to $750/month
Offered at $65,000


This is a great rental opportunity in a transitioning and well positioned neighborhood. Property is less than a mile to US-1 and downtown Southern Pines. 

3 beds, 1 bath, 1000sqft
Property also comes with a second lot which is vacant but maintained and can be developed or held for future equity

Home has been well maintained and has a great tenant! 
Tenant is month to month but would like to stay "forever"
Tenant paying $700/month and is agreeable to increase to $750 (with future increases as needed).

Offered at $65,000 (deposit required)

Pictures: 

dropbox.com/sh/w839fw8gtfx7l15/AABKjGsOeLto_npsAutaky28a?dl=0

Note: If flipped ARV would be +/- $120,000 based on nearby comps.



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.

Contact Us

Triangle Real Estate Investors Association

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

Proud Affiliate Member of Think Realty

Follow Us


Privacy and Security Policies

Your email will never be shared or sold to other members, vendors or any other third party without your consent.

Disclaimer

www.TREIA.com  (Triangle Real Estate Investors Association) does not give legal, tax, economic, or investment advice. TREIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   Poster may be selling their equitable interest in said property(s).

Copyright 2020 © Triangle Real Estate Investors Association  All rights reserved.

This REIA Website is powered by: Real Estate Promo.