🏠Your Next Big Win: Unlock $40K in Profit! 💵

Welcome to a unique investment opportunity in Albemarle, just 45 minutes outside of Charlotte! This 1948-built gem offers 1,414 sqft of potential, featuring 3 bedrooms and 2 bathrooms. Although it needs some TLC, this property holds immense promise for investors seeking to transform it into a lucrative venture. This property offers a canvas for your creative vision. With its unique layout and proximity to key locations, this fixer-upper could be your next lucrative investment. Don't miss the chance to turn this property into a charming, modern dwelling!

Property Overview:

• Year Built: 1948
• Square Footage: 1,414 sqft
• Bedrooms/Bathrooms: 3bd/2ba

Property Details:

• HVAC needs replacement
• New roof installed in 2019
• New water heater in 2019
• Original electrical
• Livable but requires work
• Soft sinking floors in one room
• No structural or foundation issues (Passed VA inspection 4 years ago)
• Layout may need adjustments due to the absence of a hallway
• Laminate floors and carpet throughout
• Original wood countertops
• Top cabinets missing some doors
• Bathrooms in need of updating
• Kitchen cabinets need replacement
• Some windows need replacement
• One room has soft, sinking floors
• 1-story hardy plank wood siding
• Unpermitted addition on the far left, expanding the space beyond 1,400 sqft

PHOTO LINK

ASKING PRICE: $155,000

ARV: $270K

Preferred Lender Link

COMPS

2220 Fairfield Ct, Albemarle, NC 28001 - SOLD $282K

3bd/2ba - 1,487 sqft

400 Anderson Grove Church Rd, Albemarle, NC - SOLD $250K

3bd/2ba - 1,757 sqft

32409 State HWY 740, Albemarle, NC 28001 - SOLD $265K

3bd/2ba - 1,284 sqft

1704 E Main St, Albemarle, NC 28001 - SOLD $169K

3bd/2ba - 1,212 sqft

2304 Milton Dr, Albemarle, NC 28001 - SOLD AS IS $210K

3bd/2ba - 1,738 sqft

711 Pond St, Albemarle, NC - ACTIVE $249K

2bd/1ba - 1,391 sqft

*PROPERTY DELIVERED VACANT AT CLOSING*

**PLEASE CALL TO SCHEDULE SHOWINGS**

*CLOSE OF ESCROW 2/08/2024*