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923 S. Scales St., Reidsville, NC
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Immediate Home Solutions
10612D Providence Road
Suite 547
Charlotte, NC 28277
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Property Information*
Address 923 S. Scales St.
Reidsville, NC 27320
Rockingham County
Status Wholesale
Asking Price $28,500.00
Down Payment $28,500.00
Type Single Family Home
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Zillow Zillow
Property ID# 42287
Beds 2
Baths 1
Floors 1
Sq. Ft. 884 sq ft
Year Built 1920
Garage 1 Car Detached
Basement None
Lot Size 6,098
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Property Description*
This house is zoned Commercial or Residential.  It is 1 of 2 houses on the street.  The rest is Commercial!  

The tax value of this house is $52,215 and it was rented out for $575 per month.

$28,500 (Purchase Price)
$     575 (Monthly Rent)
$  6,900 (Yearly Gross)
$    552 (Property Management-8%)
$    345 (Maintenance)
$    745 (Taxes)
$    600 (Insurance)
$ 4,658 (Net Yearly)
16.344% ROR.  This is not taking in effect what the property is actually worth.

Only cosmetic fixes are needed.
Equal Housing Opportunity*DISCLAIMER: All information provided by seller is deemed reliable but is not guaranteed and should be independently verified. Please contact the seller for additional information.

 

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