Newsgroups: alt.real-estate.multilisting-service
Subject: Duplex- Near BioTech Inst
From: PropBot Lister 
Date: 25 Feb 2007 06:22:18 GMT

Concord, NC - Extreme price discount and owner financing is provided to the very fortunate investor who gets the contract in first. 1800 + sq ft, 9\' ceilings, excellent location on corner lot with privacy and cash flow. Market Value after repairs $140,000 - $150,000, (recent comps). Needs structural repair (have engineer report for ref.) and french drain in crawl. Both sides are 2 bedroom/1 Bath , 900 sq ft and 800 sq ft. One side is beautiful and only needs carpet and some minor repairs will be needed after structure project is completed. The other side needs a full kitchen upfit including flooring, carpet throughout and a closet built in one room. This is the perfect investment for the skilled laborer. Sellers will finance while the work is being done, only $5000 down and pay the mortgage of $1000 per month. After repairs get a mortgage with $40k to $50k in equity and be under 70% LTV. Cost will depend on the buyer\'s ability to do these repairs or the need to hire out the work. Either way, the value is excellent and the seller\'s are flexible to offer 3 months financing. Email for more pictures and details. Call Terri (Broker) for more information and additional pictures

For more info on this property, visit
http://www.propbot.com/1MIXNF

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