💰CHARLOTTE, NC - BEAUTIFUL COSMETIC FLIP IN GREAT NEIGHBORHOOD💰

(ALSO LISTED ON MARKET
FOR NOVATION AT $315,00)

DETAILS

1972 Year Built

4 Bed - 2.5 Bath

1,963 Sq Ft.

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This property is open to realtors for their retail buyers at $310,000.

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WHY THIS DEAL MAKES SENSE

Investors: This property makes for a great BRRR and/or fix it up a bit and rent it out and add to your portfolio. Market rent shows $2,000/mo.

Realtors: Your clients may be looking for a Charlotte starter home in a good neighborhood. $5K in repairs have been done to the property including plumbing fixes and repairs to the half bathroom, select interior paint, patch work and repaired stair railing.

See notes below for details on closing / seller lease-back.

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Light to medium rehab 🛠️

Fix it up or keep as a rental 🏡

Perfect for families looking for their first-time home and do small repairs themselves 👨‍👩‍👧‍👦

Transferrable lifetime warranty on windows replaced in 2021 🪟

Major systems in good, working condition ⚙️

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STARTING PRICE: $315,000 $300,000

ARV $366,996

COMPS

1️⃣ 7114 Covecreek Dr, Charlotte, NC 28215

https://www.zillow.com/homedetails/7114-Covecreek-Dr-Charlotte-NC-28215/6197414_zpid/

2️⃣ 5406 Barrington Dr, Charlotte, NC 28215

https://www.zillow.com/homedetails/5406-Barrington-Dr-Charlotte-NC-28215/6196839_zpid/

3️⃣ 6925 Random Pl, Charlotte, NC 28215

https://www.zillow.com/homedetails/6925-Random-Pl-Charlotte-NC-28215/6196527_zpid/

* Adjustments made for Year Built, Square Footage and Bathrooms.

* Property is being sold as-is. Buyer is responsible for their own due diligence. 
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PLEASE CALL TO SCHEDULE SHOWINGS / FOR MORE INFO SINCE PROPERTY IS OCCUPIED. PROPERTY WILL BE DELIVERED VACANT.

Closing Date: 06/07/2024

** This is a deferred closing and will not close before this date. Seller is occupying the home until the closing date. However, seller is open to a seller lease-back if we close early and will pay rent equivalent to the mortgage amount until June 2024 **

CASH BUYERS / INVESTOR BUYERS PREFERRED. WE WILL PROVIDE THE TITLE COMPANY AND TRANSACTION COORDINATION.