28 photos
$185,000
223 Spruce St
Suffolk, VA 23434
The owner (for sale by owner, no agent). Contact the owner through the original listing.
What the listing says
INVESTOR SPECIAL CREATIVE FINANCING AVAILABLE 3-Unit Property in Suffolk, VA 221, 223 & 225 Spruce Street, Suffolk, VA 23434 PROPERTY HIGHLIGHTS Duplex: Two 2-Bedroom / 1-Bath Units (previously rented at $1200/mo each side) Single-Family Home: 1-Bedroom / 1-Bath (currently being rented at $800/mo) Potential Gross Rental Income: $3,200 /month PROPERTY SOLD AS-IS!!! 2 PURCHASE OPTIONS OPTION 1 FULL PURCHASE $190,000 OPTION 2 SELLER FINANCING $28,000 Down $1,695/month Flexible Terms Available SERIOUS BUYERS ONLY: We are only considering qualified buyers who are prepared to move forward and close within 30 days or less. Please contact us only if you are ready to proceed within this timeframe.
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Multi-Family
Lot Size
8,276 sq ft
HOA
None
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Questions about owner financing in Suffolk
What is owner financing for 223 Spruce St?
Owner financing means the seller of 223 Spruce St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Suffolk, VA home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Suffolk home?
There is no standard down payment. The seller of this Suffolk home sets their own, and it is negotiable. Ask the seller or their agent.