I'm reaching out to share a deal with you! The address is 605 W. 19th Avenue, Gastonia, NC 28052. The cash price is $125,000.
Don't you love it when you have multiple exit strategies with a property, especially in this current climate? Being flexible with what you want to do really does make it a lot easier to walk in confidence and this property is no different. With ARVs holding strong in the mid-200s (and non-renovated comps selling close to $200k already and a similarly sized new construction comp just sold around the corner for over $300k!) this house is great as a flip! But it also can be a nice 1% rule hold since the rental comps come in as high as $1800/m in the general area so you can easily hold onto this one for some cash flow! So however you view this one, you will come out on top with whatever you decide. Take a look at the pics below, run your numbers and get back to me on putting an offer in!
Below are the properties details:
Single Family Residence
3 Bed/1.5 Bath
Owner- Occupied, will be vacant at closing
SqFt: 1,328
Lot: 14,810
Year Built: 1958
Cash Price: $125,000
HERE are photos.
Additional Comps:
813 Lynhaven Dr. - 3/2/1371sqft. - $220,000 ($160/Sqft.)
1138 Lynhaven Dr. - 3/2/1320sqft. - $265,000 ($201/Sqft.)
720 Linwood Rd. - 3/2/1511sqft. - $250,000 ($165/Sqft.)
Please reach out to me to view the property! Any questions please do not hesitate to ask.
We look forward to seeing you!
- Josh
Joshua Norman
P 919.538.0401
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