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John KurtzCharlotte · NC

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Shelby · Shelby, NC

634 Hillcrest Drive #6

Shelby, NC · 723 sqft

$130,000

  • 2Beds
  • 1Baths
  • 723SqFt
  • 1982Year
  • 1Days on market

About this home

Investor Special- Income producing property! Spacious 2 bedroom, 1 bath townhome/condo currently occupied by a long term tenant providing immediate cash flow. Property does need repairs and deferred maintenance but offers excellent upside potential. Prime location within walking distance of Uptown Shelby and The Carolina Harmony Trail; giving tenants convenient access to shopping. dinning, entertainment and outdoor recreation. Excellent opportunity for investors looking to expend their portfolio.

Property details

Beds
2
Baths
1
SqFt
723
Lot
Year built
1982
Type
Condo
Days on market
1
Heating
Central
Cooling
Central Air
Foundation
Crawl Space

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$956/ month

Principal & interest
$805
Property tax (~1.05%)
$113
Homeowners insurance
$37
HOA dues

Down payment

$6,500 down · $123,500 financed

Income to qualify (28% rule)

~$41,005 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.