🔥 NEW DEAL🔥 Gibsonville NC 27249 🔥 TWO HOMES FOR SALE🔥 OVER AN ARCE OF LAND 🔥 FIXER-UPPER 💰 Asking $97k 💰RENTS UP TO $2600 A MTH💰See VIDEO Walkthrough in Description ⬇️⬇️

Guilford County, Gibsonville, NC, 27249
Sold
Listed at: February 14th, 2024
Price
$97,000
ARV
$400,000
Gross Margin
$303,000
Sq. Footage
1100
Type
Single-Family
Parking
Street
Year build
1959
Lot size
1.30 acres
Bedrooms
3.5
Bathrooms
1
Half Bathrooms
0
Summary

Investment Property Description:

Package Deal: Two properties available for the price of one.

Size: Spacious over 1.25-acre lot.

Rehab Opportunity: One property, a sturdy brick home with 3 bedrooms, den, and 1 bathroom, requires a complete gut and rehab.

Development Potential: The second property is a teardown, offering the opportunity for a new construction project.

Safety Note: Caution advised for the teardown property; entry is not recommended due to potential safety hazards.

Vacant Properties: Both homes are currently vacant, providing a clean slate for renovation or reconstruction.

Size Consistency: Both homes boast a similar size, ranging from 1100 to 1200 sqft each.

Utilities:

  • Garbage: Public services available.
  • Water Heater: Gas-powered for energy efficiency.
  • Furnace: Gas heating system.
  • Air Conditioning: Central air for climate control.
  • Sewer: Septic tank in place.
  • Central Heating: Present in both homes.
  • Water Source: Well for water supply.

This investment opportunity offers a unique combination of a rehab project and a teardown, allowing for flexibility in development plans. The spacious lot and consistent utilities make it an appealing prospect for investors seeking both value and potential.

Videos

Gibsonville, NC 27249

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Kevin Kist

No reviews

Disposition manager