108 W Elm St

Wingate, NC 28174
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6 bd, 2 ba | 2,662 sqft | Built in 1930

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For Sale

Exclusive

List Price
$359,900

Initial Investment

$98,073
Pre-approval letter or proof of funds required.

$

about the purchase process.
Features

Occupancy

Occupied

Lease Start

06/01/2021

Lease End

05/31/2022

Lot Size

21,780

HOA

None

Flood Risk

Not Required

  • High yielding property outside of the fast growing Charlotte market
  • Get more insight into this market here
See more in Analysis

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Annual Financial Highlights

Expected Rent

$31,008

Expenses

-$7,069

Property Taxes

-$2,900

Loan Payments

-$15,464

Net Cash Flow

$5,575

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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