Cookie-Cutter Rental/Wholetail in NC

3 Beds / 1 Baths • 1,128 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1960
  • 1128
  • 1742

Description

📍920 Mary Sullivan Rd, Wadesboro, NC 28170

3/1 SFR | 1,128 sf | 0.56 ac | 1960 build | HVAC | Public Water/Sewer

Asking Price: $168,000 OBO

Solid 3/1 ranch in a quiet area. Strong rental demand, comps up to ~$200K. Great cookie-cutter rental, or wholetail. Driveway, big lot, low CapEx. The seller purchased this in 2023. Rented for $1300/mo. for the last two years, now vacant and waiting for you! Open to Sub-To (current monthly payment is $ 1,239/mo.)

UPDATES: Carport/Garage Area has been drywalled, painted every room, New Flooring in the living room, AC, Carpeted Bedrooms, and the Brown wall in the kitchen has been replaced. Everything else is the same as in the current photos.

  • Access by appointment only,
  • Must use Hankin & Pack PLLC for closing,
  • EMD $5000.
  • Closing Oct 2025

Disclaimers

IMPORTANT: This listing represents an assignment of a purchase contract, not a direct property sale. The advertised price includes the original contract price plus an assignment fee. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material. Time-sensitive opportunity - this contract is being offered to multiple investors

Estimated Spread

  • ARV $200,000
  • Price $168,000
  • Spread $32,000

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