3508 OLD US 1 HWY New Hill, NC

Sparrow OWNS this property, NOT assigning the contract rights 

Buyer pays all Seller closing costs (Attorney fees, state stamps,  etc)

Room to add a second bath!

3 bed|1bath|1288 Sq Ft|.73 acres

  Lockbox on site 

-Built 1955

-Hardwoods, carpet & vinyl

-HVAC 12 yrs old 

-Vacant 

-6" Gutters

-Newer Electric Hot Water Heater

-Some updated plumbing

-Updated electrical

-Large backyard

-Brick veneer & wood siding

-Carport 

-Well & Septic Functional 

-No HOA

-Propane heat 

--Rent O Meter Avg Rent $2393

Needs:

Siding repair, roof boot repair, exteior/interior paint, light fixtures, flooring, reglaze tile in bath,kitchen cabinets,appliances, rework washer and dryer into closet from kitchen, shore up carport storage closet. 

$225,000 asking price

ARV  $340-$350,000

Comps: 

7700 Humie Olive Rd, Apex, NC 27502  (2022 flip)

2bed|2bath|1061sqft 

Sold 10/18/2022 $335,000

8024 Country Haven Ln, New Hill, NC 27562

3bed|2bath|1505sqft|.32acres 

Sold 2/16/24 $330,000 (not updated) 

2932 Old Us Highway 1, New Hill, NC 27562

3bed|2bath|1307sqft|1.18 acres 

**Sold 8/5/21**  $299,900

4133 Old Us Highway 1, New Hill, NC 27562

3bed|2bath|1298sqft

Sold 2/26/24 $250,000 (as-is)

669 Olives Chapel Rd, Apex, NC 27502

3bed|1bath|1102sqft| 1.29 acres

Sold 1/19/24 $297,000 (light flip)  

6418 Beaver Creek Rd, New Hill, NC 27562

2bed|1bath|1268sqft|**2acres** 

Sold 1/18/24 $440,000