💵2nd PRICE REDUCTION! GEORGETOWN FIX & FLIP🏚️ – 325 Bayview Dr – 1239 ft² – 0.15 acres – 2BR/1BA – ARV = $204K – CASH PRICE =$48k For Sale

  • $48,000
  • 2 beds
  • 1 baths
  • 1,239 sqft

UpstateWholesaleHouses.com Deal

2nd PRICE REDUCTION!
GEORGETOWN FIX & FLIP

325 Bayview Drive, Georgetown, SC 29440
2BR/1BA – 1,239 ft² – 0.15 acres
Single Family Residential Home

· 6 Minutes driving distance from waterfront Local restaurants and pubs located on Front Street.
· 4 Minutes driving distance from Highway 17.
· 6 Minutes driving distance from Georgetown’s Historic District.

– Like all of the properties in this neighborhood and most properties that are near the water in Georgetown, this property is located in a FLOOD ZONE.  Please account for the cost of flood insurance when making your offer.

ARV = $204K ($165/sqft) – See comps below
CASH PRICE = $48,000 OBO

Property is OCCUPIED – PLEASE DO NOT DISTURB TENANT
PLEASE CALL FOR ACCESS:  864-362-3698

No need to send a contract, just email your offer amount to
greenvillehomebuyers@gmail.com

DETAILS:
  • Single Family Residential property which contains a 1,239 ft² home on a 0.15-acre lot. Consists of 2 bedrooms and 1 bathroom. 
  • The home is located in Georgetown County.
  • The home is currently tenant occupied.
  • Electric – The home contains its original electrical wiring and according to the tenant, there are certain places throughout the home where the electricity doesn’t work. No other known issues.
  • Plumbing – Plumbing is functioning in most areas of the home. The tenant does state that the kitchen is clogged and needs to be repaired. No other known issues.
  • Exterior – Exterior walls consist of wooden siding in poor condition. May need to be replaced but definitely repaired and painted. No other known issues.
  • Roof – Contains a composition shingle roof in poor condition. The roof will have to be repaired heavily or even replaced altogether. There is also a section on the roof that contains asbestos shingles. No other known issues.
  • Windows – Contains a total of 18original wooden windows which all vary in condition from fair (not broken) to poor (broken). They will all have to be upgraded and replaced. No other known issues.
  • B/R #1 (Dimension Unknown) – Consists of plywood flooring in poor condition. The walls are painted but could use minor repairs and new paint. The ceiling contains signs of water leaks (probably due to the bad roof). No other known issues.
  • B/R #2 (Dimension Unknown) – Consists of plywood flooring in poor condition. The walls have outdated wallpaper and could use minor repairs and new paint. The ceiling contains signs of water leaks (probably due to the bad roof). No other known issues.
  • B/A  (Dimension Unknown) – Consists of linoleum squares over the wooden floor in poor condition. The walls are in fair condition but will need a lot of cosmetic repairs. The ceiling is in fair condition. It also contains fixtures in fair shape. No other known issues.
  • Kitchen (Dimension Unknown) – Consists of wooden flooring in poor condition. It has holes in certain areas. The walls are in poor condition as well and will need heavy repairs. The ceiling is in poor condition and will need repairs. The cabinets are dated and in poor condition and will need replacement. Also contains a dated sink. All the appliances belong to the tenant. No other known issues.
  • Living Room (Dimension Unknown) – The flooring consists of plywood boards with holes in several places. The walls are in poor condition with holes and will need major repairs. The ceiling will need major repairs since it contains water damage from the leaks. No other known issues.
  • Overall – The house is in poor condition and will require major repairs all around. It is definitely a major project but the rewards are promising if the project is completed. Please contact our office if this is a project for you and your crew.

“Budget for a clean-out when making your offer”

CASH PRICE = $48,000 OBO

Property is OCCUPIED – PLEASE DO NOT DISTURB TENANT
PLEASE CALL FOR ACCESS: 864-362-3698

**Please consider these terms when determining your offer amount**

  • Must provide documentation of Proof of Funds showing the purchase price amount available in your bank account or line of credit. 
  • The Proof of Funds must be in the form of a Bank Statement or Line of Credit Statement.
  • Bank letters or letters from lenders will NOT be accepted.
  • Screenshots from cell phones will NOT be accepted.
  • No Financing Contingency; this means No Hard Money Loans, or any type of loan that requires an appraisal.

    ***Please do not re-market any of our deals without the permission of Upstate Wholesale Houses.  We will not do any Joint Venture deals without a JV agreement in place in advance of any re-marketing of the property.
Thanks for looking,
Want to see all the properties we have available for sale?  Visit https://www.upstatewholesalehouses.com/property/
Price:
$48,000
Address:
325 Bayview Drive
Georgetown, SC 29440
Square Feet:
1,239
Lot Size:
6,534
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1940
Const. Type:
Residential

Call 864-362-3698 for more details

Property Location