🌄85K Profit Flip in Hot Market🏠

This property is located in a desirable area of Burlington, NC, offering strong potential for future value. It is conveniently positioned near popular destinations, including Burlington City Park, the Paramount Theater, and downtown shopping and dining. With easy access to major roadways, this property is well-suited for both homeowners and renters.

ARV: 320k

ASKING PRICE: 185K

Perfect For:

🛠️ Fix & Flip 🏡

(Purchase Price) 185K + (Rehab) 50K = (Total Investment) 235K

(ARV) 320K - (Total Investment) 235K = (Gross Profit) 85K

SOLD COMPS:

439 Circle Dr, Burlington, NC 27215 - SOLD 335k

1911 Woodland Ave, Burlington, NC 27215- SOLD 320k

830 High St Burlington NC 27215 - SOLD 295K

414 Country Club Dr, Burlington, NC 27215 - SOLD 290K

Property Overview:

🛏 5 Bedrooms

🛁 2 Bathroom

📏 1884 Sqft.

🌳 0.207 Acres

📅 Built in 1910

Property Details & Condition:

🧱 Foundation: Crawl Space

🪟 Windows: Original

🏠 Roof: Replaced in 2021

💨 HVAC Unit: Need new unit

💦 Hot Water Heater: Need new unit

🪠 Plumbing: Unknown

💡 Electrical: Breakers

🔥 Heat Source: Heat Pump

🌊 Water: City

🚽 Waste: Sewer

Additional Insights:

🚧 Attention Required:

HVAC needs to be replaced
Interior Rehab
Cleanup

PLEASE CALL TO SCHEDULE SHOWINGS

919-646-9714

TENTATIVE CLOSE DATE: ON OR BEFORE 3/03/2025

*Ready to close ASAP*