206 yadkin avenueSpencer, NC 28159

Description

Get ready for an excellent investment opportunity! This charming 4-bedroom, 2-bath home, built in 1905 per Rowan County Tax Card, is on a corner lot and features large rooms and a covered front porch. Perfect for first-time homebuyers looking to renovate or an investor's dream, this property is sold AS-IS with no repairs to be made. The home, currently tenant-occupied on a month-to-month lease at $950.00 per month, will not qualify for FHA financing—cash or conventional only. Current 90 day repaired value is +/- $225,000.00