$250,000 · HICKORY, NC 28601
Works for flippers · Landlords would lose money

Available

$250,000Asking price

2 bd · 2 ba · 1,954 sq ft · built 1949

HICKORY, NC 28601

No contract on file

via InvestorLift Classic

Listed Oct 27

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $433,000
Asking price: −$250,000
RepairsMiddle of the seller’s $40,000 – $80,000. Ours: $48,500 – $87,500: −$60,000
Loan, holding, closing20% down, 12% interest, 2 points, 84 days: −$30,013
Profit21.5% of ARV · flippers want 10%+: $92,987
Works

Works for a flipper up to $296,000.

PRIME PARTNER REALTY

Will Spilt

No reviews yet

Comps

Sales

Rents

ARV $433,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $380,000.

The sales behind this value are shown to members.

ARV $433,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

PRIME PARTNER REALTY

Will Spilt

No reviews yet

Seller Description

Hickory NC SFR with $100k+ GPOverview:

Investors, here’s an opportunity to add serious value with a fix-and-flip in Hickory, NC! This property offers $100K+ in potential gross profit, making it an opportunity worth running the numbers on.

For investors looking to capitalize on a value-add property, this is your chance to renovate, maximize the after-repair value (ARV), and position yourself for a strong return.

Investment Breakdown:FLIP:ARV: $433,000Purchase Price: $250,000Rehab: $80,000All in: $330,000Gross Profit $103,000

Property Address: 1524 4th St NW Hickory NC 28601

Asking Price: $250,000

Property Details:

Type: SFR

Specs: 2 bed / 2 bath

Size: 1,954 sqft on 0.4 acres

Year Built: 1954

PHOTOS Occupancy:TENANT OCCUPIED CURRENTLY - VACANT AT CLOSE / Close of Escrow:On or Before 01/20/2027 / Transaction Type:AS-IS PURCHASE - $10,000 EMD with Hankin & PackPREFERRED LENDER

Big Ticket Items:ROOF— 2002 / HVAC — 2006 / HWH — 1997 / UTILITIES — SEWER AND CITY / FOUNDATION — CRAWLSPACE Comparable Sales Breakdown:

SOLD:• 719 9th St NW, Hickory, NC 28601– Sold @: $434,500 – Listing: HERE

SOLD:• 771 9th St NW, Hickory, NC 28601– Sold @: $430,000– Listing: HERE

SOLD:• 771 9th St NW, Hickory, NC 28601– Sold @: $430,000– Listing: HERENext Steps:

Contact Will Spilt 984-371-1965 Send Text if you need more information
Schedule a property walkthrough
Make an offer directly on this page

DisclaimersIMPORTANT: Buyer is responsible for conducting their own due diligence. This is an as-is opportunity. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.

Time-sensitive opportunity - this contract is being offered to multiple investors