(Hope Mills, NC) πŸ€‘$40K+ Profit Fix & Flip🏑

Cumberland County, Hope Mills, NC, 28348
Sold
Listed at: March 14th, 2024
Price
$115,000
Sq. Footage
1760
Type
Single-Family
Parking
Driveway
Year build
1979
Lot size
0.34 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
5
Summary

πŸ€‘$40K+ Profit Fix & Flip🏑

Conveniently located less than 20 minutes from Fayetteville this property offers the perfect balance between suburban tranquility and urban accessibility.

 

"Click Here" ➑️ PHOTO LINK
ASKING PRICE: $185K

ARV: $245K
PREFERRED LENDER LINK

Perfect For:

πŸ› οΈFix & Flip

(Purchase Price) $185K + (Rehab) $20K = (Total Investment) $205K

(ARV) $245K - (Total Investment) $205K = (Gross Profit) $40K

SOLD COMPS:

362 Woodington Rd. Hope Mills, NC 28348 SOLD $255K

(went PENDING FAST & sold for $5K OVER asking)

5699 Bauer St. Hope Mills, NC 28348 SOLD $243K

(went PENDING FAST)

 

 

πŸšͺBuy & Hold Rental

(Purchase Price) $185K + (Rental Rehab) $20K = (Total Investment) $205K

(Rent Rate) $1450/mo.

RENTAL COMPS:

5486 Bush Ct. Hope Mills, NC 28348 FOR RENT $1450/ mo.

 

Property Overview:

πŸ› 3 Bedrooms

πŸ› 2.5 Bathroom

πŸ“ 1760 Sqft. 

🌳0.34 Acres

πŸ“… Built in 1979

 

Property Details:

🧱Exterior: Vinyl siding 

🏠Roof: Replaced in 2019

πŸͺŸHVAC: Replaced in 2017

πŸ’¦HWH: Replaced in 2015

πŸ’‘Utilities: Breakers in service panel and no issues with plumbing

Additional Insights:

πŸš€ Area: Great for rentals

🚧 Attention Required: Minimal repairs.. will need to be cleaned & painted.

πŸ”„ Vacancy: Currently Occupied but will be delivered Vacant at close

 


PLEASE CALL TO SCHEDULE SHOWINGS

919-646 9714

TENTATIVE CLOSE DATE: ON OR BEFORE 05/31/2024

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

Jessica Atkins

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