Large home, big opportunity. Renovation details inside.

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Zach - (919) 551-6515 or

Daniela - (828) 795-2827

For viewing, offers, and showing schedules.

Property Description:

Address: 1009 2nd Ave, Smithfield, NC 27577

Subdivision: Lowell

Municipality: Smithfield City

Overview:
This spacious 5-bedroom, 2-bathroom home, located at 1009 2nd Ave, Smithfield, NC 27577, offers a substantial living space of 1,957 sq ft on a generous lot of 8,330 sq ft. Built in 1954, this property is an excellent investment opportunity for those looking to restore a classic home with great potential.

Interior Features:

- Bedrooms: 5 full bedrooms.
- Bathrooms: 2 full bathrooms.
- Heating: Gas-fueled, not ducted.
- Fireplace: Features a 1-story, single-opening fireplace, adding a cozy charm to the living space.
- Stories: This 2-story home provides ample space for family living and entertaining

Exterior Features:

- Construction: The home is constructed with aluminum/vinyl exterior walls, ensuring durability and ease of maintenance.
- Roof: The roof is covered with asphalt/composition shingles and has a classic gable shape.
- Foundation: Continuous footing provides a solid foundation.

Building Details:

- Living Area: 1,957 sq ft
- Gross Area: 2,276 sq ft
- Ground Floor Area: 1,453 sq ft
- Building Improvement Type: Single-family residential
- Floor Construction: Plywood

Lot Information:

- Lot Size: 0.1912 acres (8,330 sq ft)
- Legal Description: Sandy Run Lot M63 L5 1 Lot Sandy R
- Zoning Code: RES (Residential)
- Front Footage: 49 ft
- Depth Footage: 170 ft
- Number of Buildings: 1

Investment Highlights:

- Condition: The home offers solid potential. However, it requires renovations, including addressing black mold in the garage, foundation repairs, and updating the plumbing and HVAC systems along with roof repairs and other cosmetic fixes. 

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Buyer pays all Closing Costs

COMPS

406 E Lee St - 4/3, 2,031 sqft - SOLD FOR $326K

616 S 1 St - 4/3, 2,160 sqft - SOLD FOR $385K

19 S Vermont St - 3/2, 2,077 sqft - SOLD FOR $327K

1231 Old Goldsboro Rd - 4/3, 2,127 sqft - SOLD FOR $329K

ARV: $320K

STARTING OFFER PRICE: $151K

(Agents add your commission on top)

Starting Offer Price is our Minimum Acceptable Offer