🌳 $95K Profit Flip on 1 Acre 🏠

 The property benefits from spacious land, providing opportunities for expansion, renovation, or new construction. With increasing demand for affordable housing in North Carolina, this property holds potential for both short-term rental income and long-term appreciation. 

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ASKING PRICE: $55K

ARV: $230K

Perfect For:

🛠️ Fix & Flip 🏡

(Purchase Price) $55K + (Rehab) $80K = (Total Investment) $135K

(ARV) $230K - (Total Investment) $135K = (Gross Profit) $95K

FOR SALE COMPS:

901 E Wade St, Wadesboro, NC 28170- FOR SALE $115K (AS IS)

SOLD COMPS:

510 Leak Ave, Wadesboro, NC 28170- SOLD $230K

302 W Morgan St, Wadesboro, NC 28170- SOLD $100K (AS IS)

Property Overview:

🛏 3 Bedrooms

🛁 1.5 Bathroom

📏1348 Sqft. 

🌳1 Acre

📅 Built in 1910

Property Details

🏡Exterior: Vinyl siding

 🪟Windows: Older

🏠Roof: Older

💡Electrical: Breakers

🌊Utilities: City Water & Sewer

Additional Insights:

🚧 Attention Required: Full Rehab

• Setup with second kitchen/living space
• Kitchen Needs Updating
• Bathrooms Needs Updating
• Cosmetic Updates
• Cleanup

🔄️ Tenant Occupied, Will be vacant at close 

PLEASE CALL TO SCHEDULE SHOWINGS

919-646-9714

TENTATIVE CLOSE DATE: ON OR BEFORE 01/09/2024