🔨💰🔥DOWNTOWN WILMINGTON FIX AND FLIP WITH A 80k+ PROFIT 🔥💰🔨

New Hanover County, Wilmington, NC, 28401
Sold
Listed at: December 7th, 2022
Price
$185,000
ARV
$420,000
Gross Margin
$235,000
Sq. Footage
1700
Type
Single-Family
Parking
Driveway
Year build
1935
Lot size
0.06 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Attention investors!! Do not miss the chance to get your hands on this beautiful historic home located in the wonderful city of Wilmington North Carolina. This property needs a lipstick rehab but with cosmetic fixtures and updates this house could easily sell for $450,000+ we are asking just $188,000 to get your hands on this beautiful 6 figure flip. Some key features include:


-3 bedrooms


-1 bathroom


-1700 sq ft of living space


-Driveway for a parking spot


-Property is vacant


-Hvac was replaced 4 years ago


-Roof was replaced 1 year ago


-There is room to build a garage on the property💎


-Many renovated comps in the area are selling from the 400-450k price range


-contractor estimated 120k job which leaves room for profits at 200k!


-Corner lot


-Beautiful neighborhood


-Major development going around the city (old cocoa cola factory)


-property needs cosmetic fixings and updating through out the house


-Textbook fix and flip situation


-Low inventory in the area with almost al comps selling for over 400k


🔥Contact me today at 586-556-1365 to set up a walk through and to submit your highest and best offer🔥


BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.
● Buyer pays all closing costs
● Get in touch with us now!
NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER.
Make an Offer: Submit your offer and information at the top of this screen by clicking "Make an Offer".
Contract: A contract will be delivered electronically once an agreement has been made and must be executed by Final Buyer within 24 hours. Once the contract is signed, we will introduce you to our third party Title Company we use who will help facilitate the closing process.
Earnest Money Deposit (EMD) must be wired to the Title Company within 1 day of Contract signing.
Closing Costs: End Buyer will pay all closing costs and will be outlined on the final settlement statement of the deal. 


💪 YOU CAN CLICK THE 🙌 WIN IT NOW BUTTON AND AVOID ALL THE BIDDING (WHICH WILL HAPPEN ON THIS DEAL) AND 🔐 LOCK IT DOWN RIGHT NOW 💥



DISCLAIMER: This is an Assignment of Contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT Brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.

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

Dominic Lafata

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Disposition manager