$125,000 · CONCORD, NC 28025
Works for flippers · Works for landlords

Sold

$125,000Asking price

3 bd · 3 ba · 1,776 sq ft · built 1920

CONCORD, NC 28025

No contract on file

via InvestorLift Classic

Listed Oct 5

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $265,000
Asking price: −$125,000
RepairsMiddle of the seller’s $65,000 – $75,000. Ours: $86,500 – $144,000: −$70,000
Loan, holding, closing20% down, 12% interest, 2 points, 88 days: −$16,593
Profit20.2% of ARV · flippers want 10%+: $53,407
Works

Works for a flipper up to $150,000.

GOLDEN OAKS HOME BUYERS

Evette Marie Ampuller

No reviews yet

Comps

Sales

Rents

ARV $265,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $216,000.

The sales behind this value are shown to members.

ARV $265,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

GOLDEN OAKS HOME BUYERS

Evette Marie Ampuller

No reviews yet

Seller Description

New roof, newer siding, newer windows! This house just needs some finishing touches and grading/foundation work and it should be good to go!

Renovations have been started, but need to be completed. This house offers ~1200sqft upstairs with an additional 600 downstairs with nearly 8' ceilings!

Due to grading issues, this house is having foundation problems from water run off. Grading will need to be fixed! A retaining wall will likley have to be put in place and then the foundation will have to be fixed.

After that this house should be smooth sailing! The layout is function, the ceilings are high, the neighborhood is great!

Price: $126,000

ARV: ~$260,000

For more info reach out to Evette: (910) 621-2344