Great opportunity with seller financing that allows you to get creative with this property. Current layout is a double or convert the home to an SFR. On top of great terms, there is equity in this deal. Renovated comps in this area are selling for $300k plus.
Bond for deed Terms:
- Price: $195,000
- Down payment: $20,000
- Financed: $175,000
- Interest Rate: 0% (zero percent)
- Monthly payment: $1,000
- Principal payments only
- Term: 10 years
- Buyer to provide insurance
Property Info:
- X Flood Zone
- One meter for water and electric (power is on)
- Central air & heat
- Roof is 4 years old
- New siding installed 2 years ago
- New front porch
- New double-pane windows
- Off street parking
- Vacant