Price $145,000
Status Active Under Contract
Beds 7
Baths 2.5 Baths
Home size 3,588 sqft
Lot Size 1.56 ac
Attention Investors !! Located in Mount Gilead, NC this 7 bedroom / 2.5 bath home was built in 1927 and sits on over 1.5 acres. Walking distance to downtown shops and restaurants. The property will require extensive renovation throughout including roof, facia, baths, front porch, basement and there is no central air. The heat is an oil furnace that provides steam to the radiators throughout the home. The owner does not make any representation to it's operation or function. The bones of the home seem sound and this could be the perfect project for the experienced investor. The owner is offering financing with approved credit and insurance with 20% down over a 15 year period at 9%APR.
Property Type(s): Single Family
Tract none Year Built 1927
Community none County Montgomery

SCHOOLS

Elementary School Unspecified
Jr. High School Unspecified
High School Unspecified

Additional Details

AIR Ceiling Fan(s), None
AIR CONDITIONING Yes
APPLIANCES None
BASEMENT Full, Interior Entry, Walk-Out Access, Walk-Up Access, Yes
BUYER'S BROKERAGE COMPENSATION 3
HEAT Oil , Steam
LOT 1.56 acre(s)
LOT DESCRIPTION Level, Wooded
LOT DIMENSIONS 201 x 375
MLS STATUS Active Under Contract
PARKING Driveway
SEWER Public Sewer
STORIES 2
SUBDIVISION none
UTILITIES Cable Available, Electricity Connected

Location

 

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Listed with McRae Properties
Date last updated: 5/17/24 3:49 AM PDT

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