House + 2 Mobile Home Lots 129 Southstar St Sptg Price $33k CASH

[Alden Simpson]

Alden Simpson's Wholesale Deal:

129 Southstar St, Spartanburg, SC 29301

3BR/1BA - Approx. 1080 sq. ft. - .85 Acre

Property has hook-ups for 2 mobile homes (city water)

Market rent for house after repairs: $750

If you move 2 SW mobile homes on lot, they would rent for at least $600 each. This would get $1950 rental income per month.

If you want to just rent the lots and let renters move mobile homes there, you could charge $250 per lot. This would get $1250 rental income per month.

Cash Price: $33,000 OBO

Address: 129 Southstar St. Spartanburg, SC 29301
TMS #: 6-18-11-057.00

Alternate Parcel ID: 7113-15-3068.56
Size: Approximately 1080 SqFt
Bedrooms: 3
Baths: 1
Lot Size: 0.85 acres

Built: 1920

$33,000 - CASH ONLY OBO

CRS PROPERTY REPORT: https://drive.google.com/file/d/1XwsBWXBGOnpMcqN5zoBJXc9pnIpzIBuD/view?usp=sharing

PICTURES: http://s1244.photobucket.com/user/greenvillehomebuyers/slideshow/129%20Southstar%20St%20Spartanburg

DETAILS:

• Home in Spartanburg with 2 mobile home hook ups on property
• City Water
• House is in poor condition and needs a major renovation
• Roof needs to be replaced
• Siding needs repaired in places
• Large hole at foundation in back (think there was a well there once)
• Plumbing and Electrical needs updating
• No outside HVAC unit, but ducts run
• Most floors are hardwood and need repaired and/or refinishing
• Most walls are wood panel
• Kitchen needs updating
• Kitchen floor is laminate and needs replacing
• Kitchen has no appliances
• Kitchen counter and cabinets need replacing
• Bathroom needs updating
• Replace fixtures in bathroom
• Has 2 living spaces - one may be turned into a dining room
• Property has 3 entrances - one on front left, one behind house in rear and one at the bottom of the property that was used by the mobile homes.
• Please budget for a clean-out

Call for More Info - 864-438-3448

Thanks for looking,

Alden Simpson