Wholesale Rental &/to Commercial Deal

This property is Ideal for an investor to take advantage of the cash flow as a rental property right now and THEN in the future develop the property as commercial or sell to someone who wants to do the same. Info: This property has 100’ of road frontage and sits on a main road that connects to Interstate 95 and 301 that runs through the middle of 4 Oaks(301 is in the background of the picture). Across the street is a garden apartment community, a Do-it-yourself Carwash, and a McDonalds. Currently rented through the Housing Assistance Program for $700/mo. Was built in the 1920’s(per owner) and has been renovated in the past with new roof, new Gaspack, brick exterior, vinyl windows. 1440 sq-ft two beds (can be used as 3) 1.5 bathrooms The lot averages 175’ deep. Only needs new floor covering in the kitchen and clean-up once the current tenant moves out (possibly the end of September, but may be willing to stay).