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Lenoir · Lenoir, NC

1102 Regal Place NW

Lenoir, NC · 902 sqft

$75,000

  • 2Beds
  • 1Baths
  • 902SqFt
  • 1950Year
  • 21Days on market

About this home

Attention Investors, Priced Below Tax Value!!! This 2BR 1BA investment property in Lenoir, NC offers an excellent opportunity for investors, landlords, or buyers looking to add to their real estate portfolio. Currently tenant occupied on a month-to-month lease, the property provides flexibility for future plans while offering immediate investment potential. The seller has never occupied the home and has very limited knowledge of its condition. Seller believes there may be a weak spot in the bathroom floor but is unaware of any other issues. There MAY be access to the attic area behind a panel in the BR closet. The home features a mini-split system in the living room which is used to heat and cool the home. This property is being sold AS-IS, WHERE IS, with no repairs or concessions to be made by the seller. Due to the home being tenant occupied, showing availability is limited. Please do not disturb the tenant or enter the property without a licensed Real Estate Agent and confirmed appointment.

Property details

Beds
2
Baths
1
SqFt
902
Lot
Year built
1950
Type
Single Family
Days on market
21
Heating
Ductless
Cooling
Ductless
Foundation
Crawl Space

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$542/ month

Principal & interest
$464
Property tax (~0.90%)
$56
Homeowners insurance
$21
HOA dues

Down payment

$3,750 down · $71,250 financed

Income to qualify (28% rule)

~$23,255 / year household

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

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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.