🔥 BIG Profit Flip w/ 150K+ Gross Profit Potential in Belmont 🏠

Gaston County, Belmont, NC, 28012
Sold
Listed at: June 10th, 2024
Price
$129,000
ARV
$280,000
Gross Margin
$151,000
Sq. Footage
1300
Type
Single-Family
Parking
Driveway
Year build
1964
Lot size
0.41 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Brick Rancher on private drive! Needs $70K- 80K of rehab depending on your scope of work. Property needs complete rehab.

**Call Nick Mason 804.385.8303**

Property Details:

  • Single Family  3br 1ba 1,300sqft 1964yr built
  • Estimated Value: $296,000 Potential to add extra ba on 1st floor
  • Property is on septic, currently sharing a well with 226 Brookwood Rd. Buyer can either put in seperate well or get city of Mount Holly to provide city water + sewer. Service has been confirmed through:  https://www.mtholly.us/departments/public_works/utilities/inde…
  • COE: On or Before 6/20/2024
  • Property is Vacant, Private showings upon request,  Please message the dispo manager for details

Comps:

  • 205 E Catawba Dr, Mount Holly, NC 28120 3br2ba 1,149sqft 1954yr        SOLD:$293,000 on 04/22/2024
  • 903 Belmont Mount Holly Rd, Belmont, NC 28012 2br1ba 1,170sqft 1940yr SOLD:$275,000 on 1/24/2024
  • 306 Belton Ave, Mount Holly, NC 28120 2br1ba 1,008sqft 1960yr            SOLD:$252,000 on 05/07/2024

Additional Disclosure:

  • Property Is being Sold AS-IS
  • Seller is a Licensed Agent & has Equitable interest in the property
  • $5,000 NON- Refundable EMD Required, If Title is not clear, buyer will be refunded
  • Photocopy & Proof of Funds Required, before Scheduling Walkthroughs
  • Buyer WIll pay All closing Cost + Both Sides of Transfer Tax
  • Real Estate Agents & Wholesalers Are Welcome, Please Add you Fee/ Commission on top of Asking Price
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Nick Mason

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Disposition manager