There is nothing like a renovated home that was built over 100 years ago. The styling and characteristics of a home from that era are a splendor all their own. A home like this renovated gives retail buyers that warm and fuzzy, welcome home feeling that they love the minute they walk through the front door! Retail buyers will fall in love the minute they think of what it will be like to sit on the HUGE wrap around porch drinking their coffee and listening to the rain on the tin roof above while enjoying the serene surroundings, not to mention the convenience of the location.. Amenities are just a short drive away with Beautiful Asheville being only about a 20 minute drive and Charlotte being just over an hour.. Not to mention that this property is in a nice area with great homes and neighborhoods. The house is not without its flaws however and will need to be completely updated. The house is currently a 2/1 but can easily be converted to a 3/1 or even a 3/2. Floors slope a little in the living room as to be expected on a home this old, but it is an above grade house and will be easy to jack up and level. The kitchen will also need to be renovated along with the bathroom and other areas of the house. The roof is tin and will most likely need to be replaced but does not seem to be leaking, so you may get away with cleaning and painting it. All and all This will make a great flip for a savvy investor or even a rental property for that passive income we all love having.. So now that you know all the details below are all the numbers. Address is 503 Stroud St, Marion, NC Asking: $34,900 Rehab: $35-$40k ARV: $101,000 Home will rent for $850-$950 per month as a 3 bedroom as well!!
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