Great opportunity to pick up equity in a solid, very popular area. Community has golf course, parks, several community pools. HOA covers all exterior maintenance and lawn care. Great schools, easy access to 485, 77, 85, close to shopping malls North Lake and Concord Mills. Nice community with lots to do. Houses with this floor plan sell in the $185,000 to $195,000 range.
House is rented to a long term tenant who is on a month to month lease for $900, which is below market. Should rent in the $1300-$1450 range. Buyer could raise rent for current tenant or terminate lease and with minimal upfit, get the higher rent. Do not disturb tenants, drive by okay. Will arrange walk through for serious buyers.
Price: $165,000
Address: 8690 Meadowmont View Dr. Charlotte, NC 28269
ARV: $190,000
Market Rent: $1450
Comps:
