Brick Ranch - Perfect Rental or Fix and Flip

Catawba County, Newton, NC, 28658
Sold
Listed at: June 23rd, 2022
Price
$159,000
ARV
$240,000
Gross Margin
$81,000
Sq. Footage
1320
Type
Single-Family
Parking
Carport
Year build
1972
Lot size
0.60 acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

Brick Split-Level

Good Rental Condition

Off-Market $159k Cash



  Brick 3/2 + Basement

1604 Hedrick St, Newton, NC 28658


Good Rental Condition!

  • 1,320 sqft 2 bedrooms, 2 full baths upstairs
  • PLUS 600 sqf partially finished basement with 3rd bedroom & bathroom (plumbed, needs finishing)
  • Large covered carport, spacious back & side yards
  • Central HVAC — Gas furnace, gas fire place
  • Basement needs finishing (trim, ceiling, cracked window)
  • City water, private septic
  • Tenant is almost out; VACANT at closing
  • Great Comps in similar condition average $240k

Title work has been completed, and can close in 1 week!


Lovely country setting only 15 minutes south of I-40/Hickory


Transaction Details:

VACANT at closing

Cash Only

Buyer pays all closing costs

$5,000 deposit (applied toward the purchase price)

Guaranteed clear title through closing Attorney

Property information presented above is believed to be accurate; buyer to perform due diligence

WE ONLY OFFER OUR PERSONALLY OWNED PROPERTIES OR ASSIGNABLE CONTRACTS


Want to join our buyer's list? CLICK HERE


Have questions? Want to see this property?


Call / Text Rochelle 704-765-4800

rochelle@solutionhomeinvestors.com


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

Rochelle Fenlason

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Disposition manager