Wholesale Deal – Fix and Flip – Spartanburg, South Carolina Sold

  • $129,000 OBO
  • 4 beds
  • 2 baths
  • 2012 sqft
Sold
Investment Property Spartanburg SC
Alden Simpson’s Wholesale Deal
HOUSE OCCUPIED – DO NOT DISTURB OCCUPANTS
ALL OFFERS DUE BY MON, 2-18-19 AT 11:59PM
CALL FOR ACCESS  (864) 438-3448
574 Boyd St, Spartanburg, SC 29302
2012 sqft –  2 Story 4BR/2BA
Located in the desirable Converse Heights neighborhood on a double lot. 
Might be room to build a second house on the lot to the right.  We have not checked with the city about minimum lot size, etc. 
ARV = $230k ($114/sf) see comps below
 CASH PRICE =  $129,000  OBO
Address: 574 Boyd St.Spartanburg, SC 29302
TMS # 7-12-16-232.00
Alternate Parcel ID:  7123-73-1728.95
Bedrooms:  4
Bathrooms:  2
Size: Approx.  2012 SqFt
Lot Size: .36 acres
Built:  1940
CALL FOR ACCESS  (864) 438-3448
CASH PRICE $129,000 OBO
HOUSE OCCUPIED – DO NOT DISTURB OCCUPANTS
ALL OFFERS DUE BY MON, 2-18-19 AT 11:59PM
COMPS:
Address SF BR HB FB Yr Built Sold Price $/SQFT Closing Date
925 Brentwood Dr 2017 3 0 2 1951 $229,000 $113.53 11/19/2018
111 Eastwood Circle 2032 3 0 2 1954 $230,000 $113.19 12/14/2018
610 Boyd Street 2213 4 0 2 1938 $231,500 $104.61 12/29/2017
568 GLENDALYN AVENUE 1961 3 1 2 1942 $235,000 $119.84 10/23/2017
DETAILS:  
  • 2 Story home located in Spartanburg
  • No known leaks in roof
  • Fascia, Soffit and Gutters seem to be in good condition
  • Original windows
  • HVAC system is from 1997 – may need to be replaced soon
  • No known issues with electrical
  • No known issues with plumbing
  • Hardwood floors are in very good condition
  • Nice built in book shelves in living area
  • Small pantry off kitchen
  • Kitchen needs to be updated – possible to expand the kitchen into the dining room area
  • Kitchen appliances included
  • Both bathrooms need to be updated
  • Interior of house need to be painted
  • Exterior siding has some damage where the power wires come into the house from the pole.  May be able to get Duke Power to fix this.  Caused by limbs on the wires.  See pics
  • Closet to left of front door has spray insulation in one of the corners.  Did not see any damage to the outside of the house in this area.  see pics
  • Please budget for a clean-out
HOUSE OCCUPIED – DO NOT DISTURB OCCUPANTS
ALL OFFERS DUE BY MON, 2-18-19 AT 11:59PM
CALL FOR ACCESS  (864) 438-3448
***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,
Alden Simpson
Price:
$129,000 OBO
Address:
574 Boyd St
Spartanburg, South Carolina 29302
Square Feet:
2012
Lot Size:
0.36
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1940

Call (864) 438-3448 for more details

Property Location