Drexel · Drexel, NC
405 Park Avenue #Lot #1
Drexel, NC
$70,000
Reduced from $90,000
- 2Beds
- 1Baths
- 0SqFt
- 1924Year
- 35Days on market
About this home
In the heart of Drexel you'll find this home. It is in need of a major remode. The roof is newer. This home is in a very convenient location. It is just 4 blocks from Drexel Elementary School and easily a walkable distance to Drexel Fairgrounds and street festivals. 15 minutes from major shopping and less than that to restaurants and healthcare facilities.
This home needs lots of care but will make someone a nice someplace someday.
The flooring in the dining room has been removed due to termite damage and will have to be rebuilt. There is also a beam on the side of the deck that will need to be rebuilt.
The owner is leaving a set of kitchen cabinets and several building materials for the buyer.
IF you're looking for a fixer upper to save lots of money, this might be your next project.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 0
- Lot
- —
- Year built
- 1924
- Type
- Single Family
- Days on market
- 35
- Heating
- None
- Cooling
- None
- Foundation
- Other - See Remarks
Features
- Fence
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$506/ month
- Principal & interest
- $433
- Property tax (~0.90%)
- $52
- Homeowners insurance
- $20
- HOA dues
- —
Down payment
$3,500 down · $66,500 financed
Income to qualify (28% rule)
~$21,705 / 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.