๐Ÿ’ธ Shelby, NC Investor Trifecta -Smokin Hot Market, Property & Profit - A 6-Figure Fix & Flip w. $100k profit ๐Ÿ’ธ

Cleveland County, Shelby, NC, 28150 view full address
For Sale
Listed at: August 23rd, 2024
Price
$125,000
ARV
$274,000
Sq. Footage
1616
Type
Single-Family
Parking
Driveway
Year build
1870
Lot size
1.00 acres
Bedrooms
4
Bathrooms
1
Half Bathrooms
1
If someone buys for this price, no more offers will be accepted
Summary

๐Ÿก Charming S.F.R Investment Opportunity in Shelby, NC! ๐Ÿก

 

Welcome to Daves Road, a prime investment opportunity located in the heart of Shelby, North Carolina. This property presents a unique blend of residential charm and investment potential, making it an ideal choice for real estate investors looking to expand their portfolio in a growing market.

 

๐Ÿ”‘ Property Details:

 

Address: XXX Daves Road, Shelby, NC 28150 

Home Type: Single Family

๐Ÿ  Year Built: 1870 - initial renovation was done in 1981

๐Ÿ“ Square Feet: 1,616 sqft

๐Ÿ’ธ Property Taxes: $742/year

๐Ÿฆ Last Sale: $83,000 (07/24/2024)

๐Ÿ  Lot Size: 43,560 sqft

๐Ÿงพ Parcel Number: 33811

                                                                                                                                                                          .

๐Ÿ’ฐ Financial Highlights:

 

๐Ÿ’ต Asking Price: $135,000.00

๐Ÿ”จ Rehab Needed: $46,000 to $50,000.00

๐Ÿ“Š ARV: $274,000.00

๐Ÿ’ต Current (As-Is) Market Value: $125,000.00

๐Ÿงพ Current Assessed Total: $88,465.00

๐Ÿ“Š ROI: 87.67%

๐Ÿ“Š Annualized ROI: 131.50%

๐Ÿ’ต Estimated Profit: $100,000

                                                                                                                                                                              .

๐Ÿ—๏ธ Construction & Materials:

 

๐Ÿ”จ Condition: Needs Full Interior & Exterior Cosmetic Rehab

๐Ÿ  Stories: 2

๐Ÿ”ง Exterior: Wood

๐Ÿš— Garage: N/A

๐Ÿงฑ Basement: N/A

๐Ÿ”ฅ Fireplace: 2

๐ŸŒก๏ธ Heating: Forced Hot Air

โ„๏ธ Cooling: Mini's

                                                                                                                                                                       . 

Why XXX Daves Road is a Great Investment:

๐Ÿ’ผ Investment Potential: With an AVM of $274,000 and a low last sale price of $83,000, this property offers significant upside potential. The 1900-built home has a lot of historical charm that can be restored and modernized to increase its market value.

๐Ÿ’ก Renovator’s Dream: The property provides a blank canvas for renovations and improvements, allowing you to customize and enhance its features. Given the solid structure and classic design, you can create a desirable living space or rental property.

๐Ÿ“ˆ Growth Opportunity: Situated in a well-connected area, Shelby, NC, has been experiencing growth in property values, sales and a decrease of days on market. This home is ideal for investors looking to capitalize on this trend and secure a high return on investment.

๐Ÿ“ˆ Strong Rental Market: Shelby has shown consistent rental demand, ideal for investors looking for cash flow opportunities.

๐Ÿ’ผ Appreciation Potential: The property is situated in an up-and-coming neighborhood, offering possible appreciation as the area develops.

๐Ÿก Versatile Use: Whether as a single-family home, rental property, or potential flip, this property can accommodate various investment strategies.

                                                                                                                                                                              .

Prime Location in Shelby, NC:

๐Ÿšถ Walkable Neighborhood: Located in a convenient area with access to local amenities, schools, and public transportation. The property is well-positioned to attract tenants or future buyers, making it a smart buy-and-hold investment as well as a Flip.

๐Ÿก Residential Appeal: The single-family home is nestled in a quiet, established neighborhood, offering a great opportunity to create a cozy, welcoming environment for residents.

                                                                                                                                                                           .                                                                    

Key Features:

  1. Spacious Layout: The property boasts a generous floor plan that offers ample living space and can cater to a variety of tenants or future buyers.
  2. Modern Amenities: Contemporary fixtures and finishes throughout the home, including a modern kitchen, updated bathrooms, and energy-efficient appliances.
  3. Outdoor Space: A sizable yard perfect for outdoor activities, gardening, or potential future expansions.
  4. Location: Conveniently located near schools, parks, shopping centers, and major transportation routes, enhancing its appeal to families and commuters alike.
  5. Investment Potential: The area is experiencing growth in housing demand, making this property an attractive option for rental income or future resale value.

Call to Action: Don't miss the chance to invest in a property that combines charm, functionality, and location. Schedule a viewing today or contact RecoveRE Holdings for more information on how you can make Daves Road your next successful investment.

                                Take the first step toward a prosperous investment future!
                                                       ๐Ÿ“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.

๐Ÿš€ Don’t Miss Out on This Unique Investment Opportunity! ๐Ÿš€

 

๐Ÿ“ž Contact Us Today: 929-285-7330
๐Ÿ“ง Email: Frank@RecoveREHoldings.com 

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

This disclosure statement is designed to disclose to a buyer that all known materials or adverse facts relating to the physical condition of the property that are not readily observable are to be disclosed to Buyer. As stated in the Purchase and Sale Agreement with Seller, the property is being sold in its present condition only, without warranties of guarantees of any kind by Seller. No representations concerning the condition of the property are being relied upon by me except as disclosed in the Purchase and Sale Agreement.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Michael Fernandes

Disposition manager