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$549,000

Beds
10
Baths
3.0
sq ft
2,400

720 Dillard Street, Greensboro, NC 27403

720 Dillard Street

Greensboro, NC 27403

  • 22 days on market
    • Price drop $40,000↓
INVESTMENT OPPORTUNITY SELLER FINANCING AVAILABLE! 45 DAY CLOSINGS DD MONEY AS IS!!! A 12 room rental property, rooms are rented on an individual basis. Potential to increase to 15 rooms. High demand for individual rooms performs very well. Listed at $550,000. On first floor is 5 bedrooms, 1 bath, 1 kitchen and porch. On second floor is 5 bedrooms, 1 bath, 1 kitchen and porch. 2nd Home is set on Union Street with 3 bedroom 1 bath. This is a great property to purchase. Occupied/SOLD AS IS. No leases. Seller willing to give 2 Day Notices at an agreed upon time at after home inspection/appraisal if Buyer wants the tenants out of the home. 720 has 12 rooms and 9 rooms can be rented per City. 816 has 3 bedrooms 1 bath, kitchen and rear screened in porch. Buyer to verify. 12 units property in Greensboro, NC offered for sale at 8% cap rate. Price $550,000.00. Has possibility of 15 units with approved waiver from City of Greensboro to add approximately $20,000.00 gross annual rent.

Details

Property type

Single Family Residence

Lot size

Unknown

Price per sq ft

$229

Year built

1928

Annual property taxes

$1,560

Price History

06/22/2024
TriadMLS

TriadMLS #1145630

Price change
$549,000
-6.79%
06/12/2024
TriadMLS

TriadMLS #1145630

Listed
$589,000
+17.8%
03/28/2024
TriangleMLS

TriangleMLS #2486353

Removed
$500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Allegacy Fcu

Loan start date

May 2019

Original loan amount

$273,000

Est. remaining balance

Not provided

Interest rate

4.28%

Loan type

Future Advance Clause / Open End Mortgage, 5 year

Seller

Slaxmi Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/04/2024 at 11:35 PM

Listing updated: 07/01/2024 at 9:53 PM

Listed by: Roberta Brinkley, Majestic Realty & Property Consultants Phone #: (252) 955-2354

MLS: TriadMLS #1145630

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