(Princeton, NC) 🏡Cheapest Home on the Market💰 45K Potential Profit!

Johnston County, Princeton, NC, 27569
Sold
Listed at: March 27th, 2024
Price
$60,000
Sq. Footage
840
Type
Single-Family
Parking
Driveway
Year build
1981
Lot size
0.23 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

🏡Cheapest Home on the Market💰 45K Potential Profit!

This property presents an ideal blend of suburban serenity and city convenience, situated a mere 15 minutes away from Smithfield and only 45 minutes from Raleigh, offering excellent potential for a fix-and-flip investment strategy.

 

Great Schools Rating:
7/10 - Princeton Elementary
7/10 - Princeton High

 

"Click Here" ➡️ PHOTO LINK
ASKING PRICE: $70K

ARV: $175K
PREFERRED LENDER LINK

 

Perfect For:

🛠️Fix & Flip

(Purchase Price) $70K + (Rehab) $60K = (Total Investment) $130K

(ARV) $175K - (Total Investment) $130K = (Gross Profit) $45K

SOLD COMPS:

413 W 1st St. Princeton, NC 27569 - SOLD $141K

 

FOR SALE COMPS:

105 Mercer St. Princeton, NC 27569 - FOR SALE $219K

308 S Center St. Princeton, NC 27569 - FOR SALE $179K

 

Property Overview:

🛏 2 Bedrooms

🛁 1 Bathroom

📏 840 Sqft. 

🌳0.23 Acres

📅 Built in 1981

 

Property Details:

🧱Exterior: Vinyl Siding 

🏠Roof: Age Unknown/ Needs New

🪟HVAC: Original

💦HWH: 8-10 Years Old

💡Electrical: Updated in 2020

 

Additional Insights:

🚀 Area: Great School District

🚧 Attention Required: Full Rehab

🔄️ Vacancy: Vacant

 

PLEASE CALL TO SCHEDULE SHOWINGS

919-646 9714

TENTATIVE CLOSE DATE: ON OR BEFORE 06/18/2024

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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Disposition manager