New Mebane 1% BRRRR!🏡

Alamance County, Mebane, NC, 27302
Sold
Listed at: January 30th, 2023
Price
$60,000
Sq. Footage
672
Type
Attached
Parking
Driveway
Year build
1942
Lot size
6795.00 sqft
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

I'm reaching out to share a deal with you! The address is 408 W Lee St, Mebane, NC 27302. The cash price is $60,000.

 

My friends - we all know about Mebane. We all know about how HOT it is and how strong the rental market is! So why wouldn't you lock this one up? Not only is this house located just blocks from downtown and it's on a cul-de-sac street, but there is the family friendly Holt Street Park one block over! And here's the thing - with rental rates as high as $1200 and ARV in the low $200s, you should easily be able to BRRRR this house out! So, take a look at the pictures, run your numbers, and be sure to lock this one up!

 

Below are the properties details:

Single Family Residence 

2 Bed/1 Bath

Property will be delivered vacant

SqFt: 672

Lot: 6,795

Year Built: 1942

Cash Price: $60,000

 

HERE are photos..


Additional Comps:

413 N 1st. Street - 2 bed/ 1 bath/ 933 sqft. - $200,000 ($206/ Sqft.)


503 N 1st Street - 2 bed/ 1 bath/ 855 sqft. - $220,000 ($206/ Sqft.)


614 S. 3rd Street - 2 bed/ 1 bath/ 892 sqft. - $211,000 ($289/ 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

 

Josh Norman

Dispositions Manager,VentureStack

A 555 S. Mangum Street, Suite 100, Durham, NC 27701

M 919.341.2021     E josh@venture-stack.com 

W www.venture-stack.com/  


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

Josh Norman

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Disposition manager