This is NOT a joke. For only a little over $18,000 you can own a cash-flowing rental. The tenant in this house has been there for over 30 years! This house has 3 bedrooms and 1 bathroom as well as nice deck and quaint porch. The house is a functional rental and viewing inside is only possible with an appointment. Pictures coming soon! At less than 50% of tax value, this instant income producing asset will sell fast, so don't delay call now! 336-525-1856 Lot Size = 0.4 Acres Tax Value = $40,268 Taxes per year = $446.97 Asking Price = $18,460 Cash Estimated Market Rent Rate = $600/mo (current, long-term tenant paying $400) 40012/18460 x 100%= 26% cash on cash return. Pay for the house in less than 5 years (including taxes and insurance)! WOW! Ask for Brad! Property Details Listing Price: $18,460 Address: 1125 Jackson Street City: Burlington State: NC Zip Code: 27217 Year Built: 1938 Square Feet: 1314 Bedrooms: 3 Bathrooms: 1 Basement: crawlspace Const. Type: Wood Siding
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
