$164,999 · HILLSBOROUGH, NC 27278
Works for flippers

Available

$164,999Asking price

3 bd · 1 ba · 1,189 sq ft · built 1946

HILLSBOROUGH, NC 27278

No contract on file

Price Drop

via InvestorLift Classic

Listed Oct 16

Works for flippers

The Numbers

Sells for (ARV)From the listing: $300,000
Asking price: −$164,999
RepairsMiddle of the seller’s $40,000 – $50,000. Ours: $56,500 – $94,000: −$45,000
Loan, holding, closing20% down, 12% interest, 2 points, 78 days: −$19,975
Profit23.3% of ARV · flippers want 10%+: $70,026
Works

Works for a flipper up to $202,000.

ALEMAY REALTY INC

Alejandro Grundseth

No reviews yet

Comps

ARV $300,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $219,000.

The sales behind this value are shown to members.

ARV $300,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ALEMAY REALTY INC

Alejandro Grundseth

No reviews yet

Seller Description

Bring your vision and unlock the potential of this property! Situated on a spacious 1.50-acre lot, this property offers a great opportunity for investors, renovators, or buyers looking to create a home tailored to their vision. The home needs TLC, and the large workshop provides additional space for projects, hobbies, storage, or workspace. Enjoy a convenient location that sits approximately 8 miles from historic downtown Hillsborough, about 12 miles from the town of Mebane, and roughly 30 minutes from Durham. With a generous lot, a workshop, and convenient access to nearby towns, this property offers an exciting opportunity to bring your plans to life. Don't miss the endless possibilities!

Please contact Brisia Gonzalez

336-588-8426 | Brisia@alemayrealtyhomes.com