REIDSVILLE, NC 27320

Reidsville 2 bed 1 bath single family at 216 Graves St, Reidsville NC 27320. Priced at $42,000 cash, well under recent renovated sales in town.

Key facts: 2 bed, 1 bath, 810 sqft, built 1928, one story, 8,082 sqft lot (about 0.19 acre). Forced-air heat on record. Vacant at closing. Access by lockbox. Flood Zone X, area of minimal flood hazard.

Condition: This is a full gut rehab and needs everything. Photos show peeling plaster and paint, damaged flooring, debris, and unhung doors. Roof: condition unknown. HVAC: forced-air unit, condition unknown. Foundation: condition unknown. Electrical: unknown. Plumbing: unknown. Estimated repairs about $50,000 for a complete rehab of the 810 sqft home.

Upside: Renovated and average-condition 2 bed homes of similar size in Reidsville have sold from about $145,000 to $151,000 in the last 6 months. Area rents for 2 bed homes run about $950 to $1,150 per month. A strong fit for a buy-and-hold rental or a budget flip.

Terms: Cash or hard money, sold as-is, first come first served. Lockbox access.

Offer deadline: Monday, November 17 at 5 PM ET.

Text Jervon at (469) 949-3363 to request a walkthrough or submit an offer.