(Fayetteville, NC)🔥 SFR in Arran Hills 🏠 Perfect Flip OR BRRRR

Cumberland County, Fayetteville, NC, 28304
Sold
Listed at: October 27th, 2023
Price
$75,000
ARV
$145,000
Gross Margin
$70,000
Sq. Footage
972
Type
Single-Family
Parking
Driveway
Year build
1972
Lot size
0.33 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

DESCRIPTION

Here's a remarkable opportunity that's knocking near the Arran Hills neighborhood of Fayetteville, NC – a sturdy brick single-family home that's currently a smart investment.

This 3-bedroom, 1-bathroom gem is already tenant-occupied, generating a reliable monthly income of $500. Even better, the current tenant comes with a glowing recommendation from the seller, making this investment as hassle-free as it gets. The current tenant is month to month.

Now, let's address the potential. While it may not have central A/C, this property is a prime candidate for a strategic flip. The neighborhood is ripe with opportunities, with recent successful flips setting a strong precedent. Based on our analysis, we're projecting an impressive After Repair Value (ARV) of $145,000.

This isn't just an investment; it's a blueprint for success. With steady rental income and the prospect of a lucrative flip, this property offers the best of both worlds. The tenant already in place ensures immediate returns, while the neighborhood's potential is your gateway to substantial profits. Don't let this opportunity pass you by – seize it now and start building your real estate empire!

PROPERTY DETAILS

Rehab Level: Cosmetic

Occupancy: Tenant Occupied NOT Vacant At COE (Tenant is Month-Month @ $500/mo)

Construction: Brick

Water Heater: Unknown

Electrical Panel: Unknown

HVAC: No Central AC

Parking: Driveway

Roof: Good Condition (15 Year Old)


CLOSING AND ACCESS


**Property IS NOT VACANT AT COE**

**Please CALL Ahead to Schedule An Appointment**


**Closing On OR Before 11/05/2023**



DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Trevor Wilcox

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Disposition manager