😎 Summertime Flip On 5 Acres Near The Beach- Easy $35K Profit Potential🏄♂️
Welcome to a prime investment opportunity in Bolivia, NC! Positioned in an attractive up and coming area, this location offers an exceptional chance for both fix & flips and rental investments. With easy access to essential amenities, including Brunswick Medical Center, Brunswick Community College, camping and cabins, Spring Lake Park, Country Clubs, and a 25 minute drive to the beach.
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ASKING PRICE: $290K
ARV: $350K
PREFERRED LENDER LINK
Perfect For:
🛠️ Fix & Flip 🏡
(Purchase Price) $290K + (Rehab) $25K = (Total Investment) $315K
(ARV) $350K - (Total Investment) $315K = (Gross Profit) $35K
SOLD COMPS:
3220 Albright Road SE, Bolivia, NC 28422- SOLD $350K
(3.89 Acres Less; 204 sqft Less)
340 Midway Rd SE, Bolivia, NC 28422- SOLD $225K
(**Land Only- 5 Acres of raw land)
Property Overview:
🛏 3 Bedrooms
🛁 2 Bathroom
📏 1,588 Sqft.
🌳5.89 Acres
📅 Built in 1998
Property Details:
🧱Foundation: Wood frame on Crawlspace
🪟Windows: Vinyl Windows
🏠Roof: Replaced 4 years ago
💨HVAC Unit: Needs New
💦HWH: Unknown
🪠Plumbing: Unknown
💡Electrical: Breakers and age is unknown; no issues
🌊 Well Water
🚽 Waste: Septic
Additional Insights:
🚧 Attention Required:
- Needs $25K in rehab
- Siding need to be pressure washed
- Ramp in the front yard needs to be removed
- Needs interior paint
- Kitchen needs to be updated
- Bathroom needs to be updated
PLEASE CALL TO SCHEDULE SHOWINGS
919-646 9714
TENTATIVE CLOSE DATE: ON OR BEFORE 08/08/2024
*PROPERTY IS VACANT*
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