π€Fast - Fix and Flip- 50K Profitπ‘
Right off Highway 421, within 1 hour of Raleigh. Giving you access to city life and enjoying the rural life as well. Loaded with an acre of land.
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ASKING PRICE: $185K
ARV: $250K
PREFERRED LENDER LINK
Perfect For:
π οΈ Fix & Flip
(Purchase Price) $185K + (Rehab) $15K = (Total Investment) $200K
(ARV) $250K - (Total Investment) $200K = (Gross Profit) $50K
SOLD COMPS:
193 Thomas Farm Rd. Broadway, NC 27505 - SOLD $257K
25 Mannsfield Ln. Broadway, NC 27505 - SOLD $220K
FOR SALE COMPS:
83 McNeill Mill Rd, Broadway, NC 27505 - FOR SALE $240K
Property Overview:
π 3 Bedrooms
π 2 Bathroom
π 2128 Sqft.
π³1.00Acres
π Built in 2017
Property Details:
π§±Exterior: Vinyl siding
π Roof: Solid with no leaks
πͺHVAC: Installed in 2017
π¦HWH: Installed in 2017
πͺ Utilities: Breakers in service panel and no issues with plumbing
π City Water
π½ Waste: Septic
π‘Electrical: Breakers and age is unknown; no issues
Additional Insights:
Area: Minutes away from downtown Broadway.
Attention Required:
- Minimal repairs but will need to be cleaned & painted
- Currently has tenants who are leased M2M, they are paying $1,200 m/o
Vacancy: Currently tenant OCCUPIED but will be delivered VACANT at close
PLEASE CALL TO SCHEDULE SHOWINGS
919-646 9714
TENTATIVE CLOSE DATE: ON OR BEFORE 06/28/2024
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