HOT AREA - HOT BUY NOW for Charlotte NC Metro

Cabarrus County, Kannapolis, NC, 28081
Sold
Listed at: July 29th, 2024
Price
$125,000
ARV
$237,000
Gross Margin
$112,000
Sq. Footage
934
Type
Single-Family
Parking
Driveway
Year build
1926
Lot size
0.17 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

📷📷NEW PHOTOS ADDED!📷📷

Give Barrett a Call - 704-659-6964📞

 

 

Close to the revitalized uptown Kannapolis. Walking distance to Cannon Ballers stadium and everything uptown Kannapolis has to offer. Great opportunity for a fix and flip or fix to rent out. The lot next door to the right that wraps around the back of the house also comes with it.

ARV for the current floor plan in the 230s Rents in the 1200-1400 range 

Value add bathroom or additional square footage for another bedroom (Master Suite) could push ARVs into the 300s Rents in the 1600-1700 range 

Offers:
Closing to take place with Sperry and Hatley PLLC.
Earnest money is non-refundable $5,000 on this property.

Wholesalers:
Do not market this property to anyone without getting approval from us first.

Agents:
We will gladly work with agents. Please add your commission on top of the Offer. Clients need to be Cash or Hard Money with verification upon offer submission.

 

COMPARABLE SALES
(Our Opinion of Similar Properties - Please do your Own Due Diligence)

1001 Rainbow Dr 
2 bed 1 bath 950 sf - $244/SF
Sold for $234,000 on 4/30/24

212 Lincoln St 

2 bed 1 bath 1225sf - $204/SF
Sold for $249,900 on 3/13/24

802 Miller St 
3 bed 2 bath 1300sf - $230/SF
Sold for $299,000 on 7/2/24

 

Additional Deal Details:

 

  • Property is sold AS-IS and First Come First Serve. 

  • Non-refundable EMD of $5000.00 required. Refundable upon unclear title. 

  • Buyer pays all closing costs….PLUS a TC fee of $799

  • No loan appraisals, contingencies or inspections. 

 

Please contact us for showing availability appointments. First come first serve. Price is net to seller. Earnest money deposit goes hard immediately, so please do due diligence in advance of executing a contract and depositing earnest. All prices are net amount to seller; buyer pays all closing costs.

 NOTE: This is an Assignment of Contract. 

Prices are based on quick closing in 10 days or less. Opinion of value is given as courtesy. Our opinion is just an opinion and seller make no guarantees or warranties, express or implied, as to the value or condition of the home. Properties are being sold "as-is" and "where-is". Buyer is responsible for their own due diligence. National Deal Pro (and /or James Webb Co. LLC), may or may not currently own the properties being marketed and may be marketing the equitable interest however great or small in the given properties. (Without any warranty or representation other than it is the buyer under the subject contract) its contract rights as buyer of such property.

AGENTS: Please contact us for availability or showing appointments. There are no inspection periods or contingencies, and commissions will need to be added on top of the price listed above before presenting to your client(s). All other terms listed here apply.

 

 

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Dispo - James Webb Co.

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Disposition manager