🏡🌟 "Discover Your Next 4-Bedroom 1 1/2 bath Gem in High Point NC – Perfect Location, Endless Potential! Take a closer look today!"

High Point, NC, 27260
Sold
Listed at: October 6th, 2024
Price
$107,500
ARV
$210,000
Gross Margin
$102,500
Sq. Footage
1144
Type
Single-Family
Parking
Driveway
Year build
1973
Lot size
0.30 acres
Bedrooms
4
Bathrooms
1
Half Bathrooms
1
Summary

This 4-bedroom, 1.5-bathroom property in High Point is a prime opportunity for savvy investors looking to maximize their returns. With an ARV of $208K-$215K, this home offers significant potential for appreciation after some strategic updates. The property is ready for a makeover to bring out its true value, and recent comps in the area back up the potential:

Comps:

  • 2517 Hilburn Drive
  • 2516 Hilburn Drive
  • 522 Redford Street

Here’s why this property is a fantastic opportunity:

  • Spacious Layout: 4 bedrooms and 1.5 baths provide flexibility for families or renters, increasing its appeal.
  • High ARV Potential: After completing key updates, you can expect an ARV between $208K-$215K, based on comparable properties.
  • Renovation Ready:
    • HVAC replacement needed
    • Roof replacement required
    • Window updates for efficiency
    • Cosmetic upgrades to refresh the home, like flooring, paint, and kitchen finishes.
  • Strong Neighborhood Comps: Nearby homes, such as 2517 Hilburn Drive, 2516 Hilburn Drive, and 522 Redford Street, have proven strong resale values after similar upgrades.

Don’t miss out on this property with great potential for returns once updated. This is your chance to transform a well-located home in High Point into a high-performing asset!

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

Yussef Gilkey

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Disposition manager