OFF-MARKET! Raleigh Investment Property with Solid Bones and Key Renovation Opportunities

Wake County, Raleigh, NC, 27607
Sold
Listed at: August 6th, 2024
Price
$346,000
ARV
$520,000
Gross Margin
$174,000
Sq. Footage
1998
Type
Single-Family
Parking
Driveway
Year build
1965
Lot size
0.46 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
1
Summary

Explore a home with recent upgrades and room for improvements—great for investors looking to add value.



Call or text

Zach - (919) 551-6515 or

Daniela - (828) 795-2827

 
For viewing, offers, and showing schedules.



Property Description:

 

Address: 6311 Brandywine Rd. Raleigh, NC 27607

Municipality: Raleigh, Wake County


Overview:
Built in 1965, this property presents solid investment potential with several areas needing updates. The home requires renovations in the bathrooms, room interiors, and kitchen. The HVAC system needs replacement, while the roof, which is less than 5 years old, needs minor repairs. Wall tiles in one of the bathrooms need replacing, and the water heater is relatively new (under 5 years old).


Interior Features:
Bedrooms: 4 bedrooms
Bathrooms: 2.5 bathroom
Heating: Forced Air
Rooms: Total of 6.5 rooms


Exterior Features:
Exterior Wall: Brick
Roof: Shingle
Foundation: Crawlspace
Parking: Driveway


Building Details:
Living Area: 1,998 sqft
Building Style: Single Family Residential
Building Type: Single Family
Number of Stories: 1


Lot Information:
Lot Size: 0.46 acres
Zoning Code: R20
Number of Buildings: 1


Utility Information:
Plumbing: PVC
Utility Type: Electric


Investment Highlights
Condition: Requires updates and repairs



PHOTOS WILL BE AVAILABLE SOON

 

COMPS


6501 Wrenwood Ave - 3/3, 2,014 sqft - SOLD FOR $525K

6500 King Lawrence Rd - 3/2, 1,802 sqft - SOLD FOR $530K

6604 Brandywine Rd - 3/3, 1,952 sqft - SOLD FOR $550K


ARV: $520K


STARTING OFFER PRICE: $346K

 


(Agents add your commission on top)

 


Starting Offer Price is our Minimum Acceptable Offer

Buyers to do their own due diligence Disclaimer: We are selling the assignable purchase contract for this property. Buyers are to do their own due diligence. One or more members of Worthy Investment Properties are licensed agents but are not acting as such in this transaction. If your offer is accepted, we require a minimum of a $5,000 non-refundable deposit to be held with our closing attorney. Closing will be as fast as possible for all parties involved but no longer than 21 calendar days.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Daniela Downs

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Disposition manager