Contract For Sale: 2405 S Taylor St – Sub 2 Deal with Equity Assigned

  • $59,500
  • 3 beds
  • 2 baths
  • 1452 sqft
Takeover payments on this 5% interest rate mortgage
Principal and Interest: $379.51
Unpaid Balance: ~$52K
ARV:$95-110k
Rehab:$20-30k
Rent:$900-$1000
Sales Price:$59,500
Occupants may be present. The seller has had issues with squatters. Please knock on the door. Don’t assume the property is vacant.

**Disclosure: We are in possession of an assignable Purchase & Sale Agreement that will allow us to purchase this property. We are offering the contract for purchase, as we hold an equitable interest in the contract. We may choose to assign at closing, or, double close. The price includes both the contract purchase as well as the original property purchase. Regardless, the closing process at the title company is the same as usual. We have already opened escrow and started the file, and intend to purchase this property whether we re-sale to you or not.
No conventional financing allowed. Cash, HELOC, or private lending only. We may consider an offer if you have a very cooperative hard money lender. Price is net to the seller, the buyer pays all closing costs, property sold in as-is condition, the buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Agents, please add your commission to the price when marketing to clients. Wholesalers, please contact us if you have interested buyers. The opinion of value is given as a courtesy only, as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property. 
Price:
$59,500
Address:
2405 S Taylor St
Little Rock, AR 72204
Square Feet:
1452
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1942

Call (501) 831-6919 for more details

Property Location