Pilot Mountain NC 50k Profit Flip With Minimal Repairs Needed

Surry County, Pilot Mountain, NC, 27041 view full address
Listed at: January 23rd, 2025
Price
$140,000
ARV
$210,000
Gross Margin
$70,000
Sq. Footage
1248
Type
Single-Family
Parking
Driveway
Year build
2005
Lot size
2.01 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

🏠 50k Profit Flip With Minimal Repairs Needed⌛

Property image with id 5573549

A modular home in the northern part of North Carolina. This property needs minimal repairs and could work as both a fix & flip or as a rental!

 

ASKING PRICE: 140K

ARV: 225K

 

Perfect For:

🛠️ Fix & Flip 🏡

(Purchase Price) 140K + (Rehab) 30K = (Total Investment) 170K

(ARV) 225K - (Total Investment) 180K = (Gross Profit) 50K

 

FOR SALE COMPS:

1093 Johnson Farm Rd, Pilot Mountain, NC 27041FOR SALE 232,500K (1242 sq ft) 

SOLD COMPS:

1171 Mitchell Rd, Pilot Mountain, NC 27041SOLD 224,900K (1318 sq ft, .75 less acrage)

1741 Mitchell Rd, Pilot Mountain, NC 27041SOLD 215K (1149 sq ft, smaller)

 

Property Overview:

🛏  3 Bedrooms

🛁 2 Bathroom

📏 1248 Sqft. 

🌳 2 Acres

📅 Built in 2006

Property Details:

🧱Foundation:  Crawlspace 

🪟Windows: 2006

🏠Roof: 2006

💨HVAC Unit: 2006

🪠Plumbing: Copper

💡Electrical: Breakers 

🌊Utilities: Well & Septic

Additional Insights:

  • Minor Cosmetic Needed

PLEASE CALL TO SCHEDULE SHOWINGS

919-646-9714

TENTATIVE CLOSE DATE: 04/15/2025

*Will be convayed vacant at closing* 

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

Westlee Fearns

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