714 20th St

Description

This property qualifies for a Closing Cost Grant Incentive - NEW IMPROVED PRICE $33,667.00 Reduction from original list price. It's ideal for investors or 1st Time Buyers looking to capitalize on its proximity to UNC and its proven rental history.Just one block from the UNC campus, this well-maintained property offers exceptional rental potential. With a history of steady income, it's a perfect investment for those seeking a reliable cash flow. The current leases are ending soon, allowing new owners the flexibility to adapt the property to their needs.This charming home features 3 bedrooms and 1 bath spread across the main and upper levels. The basement is a fully equipped separate unit with 2 bedrooms, 1 bath, its own kitchen, and a private entrance. Previously, the property was rented under two separate leases, offering versatile options for future income.The main house currently rents for $1,400 per month, while the basement unit brings in $900. Tenants cover gas and electric, with the owner responsible for water. Additionally, there's a convenient 1-car detached garage. This property qualifies for a Closing Cost Incentive offered by Seller's Preferred Lender.