Subject-To Off-Market in Morganton North Carolina LOW ENTRY

3 Beds / 2 Baths • 1,404 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 2
  • 1998
  • 1404
  • 20909
  • No Garage

Description

📍 3216 RPMs Avenue, Morganton, NC 28655

3/2 SFR | 1,404 sf | 0.48 ac | 1998 build | Deck | Fireplace

Asking Price CASH: $125,000

Sub-To Terms

  • Entry: $10K + closing costs
  • Monthly PTI: $960/mo.
  • Closing Date: ASAP

Solid 3/2 rancher on nearly a half-acre lot, built in 1998. Property needs full cosmetic updates but has strong bones with good layout, fireplace, deck, and a wide lot. Low monthly payment makes this an excellent cash-flow rental or flip with upside.

🔨 Condition Notes: Flooring removed in living room (subfloor exposed) Kitchen & baths dated and need full renovation Paint & drywall throughout Exterior vinyl siding in fair condition, deck needs TLC Mechanical status TBD (buyer to verify)

💡 Play: Rental with low payment, cash buyer rehab, or wholetail exit. Strong demand in the area for affordable SFRs.

  • 📅 Access by appointment only.
  • 💰 EMD: $2,500 (required).
  • ⚖️ Must use designated attorney for closing.

👉 Submit Offer Here: Click To Submit

📷 Photos & Walkthrough: Click To View

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 $116,000
  • Spread $84,000

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