4BR Home in Shelby , NC

About This Property

Frederick St, Shelby, NC 28150 Price: Contact for details Take over existing mortgage: Contact for details @ 3.625% $289,000 Light cosmetic updates under $10K The Numbers: Purchase: Contact for details Mortgage Assumption: Contact for details at 3.625% (yes, really) Rehab: Under $10K (cosmetic only Why This Deal Hits: Locked 3.625% interest rate instant monthly advantage 4BD / 3BA, ~2,612 sqft, big 4/3 layouts move fast in this market NO major repairs cosmetic only under $10K Roof, HVAC, and water heater all 2020 2021 No plumbing or electrical issues Less than 1 mile from Atrium Health Cleveland (healthcare tenant pool) Less than 2 miles from Historic Uptown Shelby Built 1954, solid bones Perfect Exit Strategies: BRRRR refi out at low rate, infinite return Rental 3.625% rate + Atrium Health tenant pool = cash cow Light flip cosmetic only, fast turn CLOSING BY MAY 20 MOTIVATED Serious cash/sub-to buyers only. First verifiable POF wins. KEY SELLING POINTS (bullet into the Features field) Brick construction one-family-owned custom build (1954) Walk to Atrium Health Cleveland (0.6 mi) guaranteed rental demand from hospital staff 1.4 mi to Uptown Shelby entertainment district (Don Gibson Theatre, breweries, restaurants) 2 mi to Shelby City Park (150 acres, aquatics center, carousel) Roof, HVAC, water heater all 2021 or newer (seller to provide exact dates) No plumbing or electrical issues no major repairs needed 3.625% Subject-To option locked-in sub-market rate Multi-gen / duplex-conversion potential separate kitchenette + walk-out basement Double-lot (0.339 ac) two combined parcels = future upside or split potential Hardwoods throughout main level bonus hardwoods hiding under carpet Jefferson Elementary 7/10 GreatSchools rating nearby

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