🏑 Charming Single-Family Home - Great Investment Opportunity! 🏑

Grayson County, Fries, VA, 24330
Sold
Listed at: August 11th, 2024
Price
$35,000
ARV
$131,000
Gross Margin
$96,000
Sq. Footage
756
Type
Single-Family
Parking
Detached Garage
Year build
1951
Lot size
0.63 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

🏑 Charming Single-Family Home - Great Investment Opportunity! 🏑

πŸ”‘ Property Details:

  • Type: Single Family Home
  • Year Built: 1951
  • πŸ“ Square Feet: 756 sqft
  • πŸ›οΈ Beds: 3
  • πŸ› Bath: 1
  • 🏠 Stories: 1
  • 🌳 Lot Size: 0.63 acres

πŸ’° Financial Highlights:

  • πŸ’Έ Property Taxes: $434.16/year
  • πŸ“… Last Sale: $5,100 (11/03/2023)
  • πŸ“Š AVM: $131,096
  • πŸ’² Market Value: $40,400
  • 🧾 Assessed Total: $40,400

πŸ—οΈ Construction & Materials:

  • πŸ”¨ Condition: Average
  • 🧱 Exterior: Brick
  • 🧱 Interior Walls: Gypsum Board/Drywall
  • 🏚️ Roof: Metal, Gable Shape
  • 🧼 Flooring: Carpet

πŸš— Additional Features:

  • πŸš— Garage: Carport
  • ⚑ Heating: Baseboard (Electric)
  • ❄️ A/C: None
  • 🚰 Water: Well
  • πŸ› οΈ Sewer: Septic
  • 🌞 Patio & Porch: Yes!

πŸ“œ Legal Info:

  • πŸ—ΊοΈ Zoning: RF
  • 🧾 Parcel Number: 24 - A- - 83A
  • πŸ“‹ Legal Description: 627 24 A 83 A

Why This Property is a Great Fixer-Upper:

πŸ”§ Tons of Potential: This charming single-family home offers a solid foundation with a classic brick exterior, but it’s ready for a fresh update! The modest square footage and single-story layout make this an ideal project for a quick turnaround.

πŸ’‘ Value-Add Opportunity: With an AVM of $131,096 and a market value of $40,400, there's significant room for growth. Renovate the interior, modernize the kitchen and bathroom, and add value to this property in a desirable area. The low purchase price compared to its potential after-repair value (ARV) makes this a prime candidate for investors looking to maximize returns.

🌳 Large Lot: Sitting on 0.63 acres, there's plenty of space for outdoor enhancements, which could further increase the property's value. The spacious lot also provides opportunities for landscaping, adding a deck or patio, or even expanding the living area.

πŸ“ˆ Growing Market: Located in a quiet neighborhood with increasing demand, this property has the potential to attract buyers looking for affordable housing options, making it a profitable flip or a solid addition to your rental portfolio.

This property is a fantastic investment opportunity with solid potential for growth! Whether you’re looking to flip or hold, this home offers you the foundation to create value and maximize returns.

Note: Ensure all buyers perform their due diligence. This is an as-is sale with no warranties or repairs.

⚠️ NON-Refundable EMD

WE HAVE A PREFERRED LENDER WHO DOES 100% FINANCING!** πŸŽ‰Are you an experienced investor with at least 6 completed flips? 🏘️ Our preferred lender offers exclusive 100% financing for your next project. Take advantage of this incredible opportunity to maximize your investment potential with zero upfront costs!

Take the first step toward a prosperous investment future!

πŸ“œ Important Notes & Disclaimers

Approaching the seller at any point is prohibited. Anyone who does will be permanently removed from our buyer's list AND black-listed with all other major partners in the area. Further, such contact will be viewed as intentional interference with a contract and may result in legal action being brought against you. We are under contract with the seller of this property and are therefore a PRINCIPAL in the transaction. Buyers are encouraged to perform their own due diligence regarding properties. Information provided is taken from public records and other sources, is provided in good faith, but is not guaranteed to be accurate. After renovated value ("ARV"), estimated repair costs, and other such figures are simply estimates; as such, buyers should conduct their own analysis and diligence regarding all aspects of the property prior to offering/purchasing.

πŸš€ Act Fast! This deal won’t last long! πŸš€

πŸ“ž Contact Us Today: 469-949-3363
πŸ“§ Email: jervonthompson@gmail.com

Submit Your Offer and Secure This Deal Before It’s Gone!

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

Jervon Thompson

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