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Updated over 1 year ago,

User Stats

26
Posts
15
Votes
Joseph S.
  • Investor
  • Lynchburg, VA
15
Votes |
26
Posts

Rented SFH in Williamsburg, VA (seconds to W&M!) for Sale, GREAT Seller Financing

Joseph S.
  • Investor
  • Lynchburg, VA
Posted

SFH at 131 Indian Springs Rd. (no longer in MLS), currently with signed lease for $4200/month through July 1, 2024. No HOA, low taxes and low insurance costs. Seller lived with his family at home for last couple years and is relocating for job. Was jointly listed for sale and rent but rental market was going to dry up soon once classes at William & Mary were about to start, so we decided to accept rental contract but are still open to selling.

Great Seller Financing Available with <20% down and lower than market interest rates available! Value for the house is so protected by proximity to William & Mary and the campus is notorious for their housing shortages. 

Seller has been involved in real estate investment in the past with long-term rentals, but with higher paying job now and family responsibilities would rather save the brain space for other things. Was listed for $730k before we accepted rental contract. Happy to share more numbers with interested parties. 

Offering
Richmond, Virginia