(Fayetteville, NC) Single Family Home 🏠 Great Location!πŸ“Rental OR Flip! πŸ› οΈπŸ”‘ Lowest Price in the Area!!

Cumberland County, Fayetteville, NC, 28301
Sold
Listed at: March 13th, 2023
Price
$55,000
ARV
$145,000
Gross Margin
$90,000
Sq. Footage
932
Type
Single-Family
Parking
On street
Year build
1941
Lot size
0.25 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

DESCRIPTION

This spectacular opportunity is located in Fayetteville, NC and needs a moderate cosmetic rehab. Perfect opportunity if you're looking for a quick rental / flip.


This property is located less than 1 mile from the heart of Fayetteville and less than 1 mile from Cape Fear Botanical Gardens and Festival Park.

Less than 20 minutes away from 7 (SEVEN) different golf courses and county clubs!

10 Minutes away from Highland County Club

20 Minutes away from Gates Four Golf & Country Club -Fayetteville's most popular


Just Moments away from countless popular attractions and restaurants


Values in this area have been skyrocketing as more people relocate from nearby cities. It would be an excellent pick for any investor, whether you're looking to flip, buy and hold, or STR


PROPERTY DETAILS


Rehab Level: Moderate

Occupancy: Vacant

Construction: Wood Framed - Vinyl Siding

Water Heater: Good Condition

Electrical Panel: Good Condition

Heating: Working Condition

Roof: Good Condition (7 Years Old)



PENDING COMPS


610 School Street, Fayetteville, NC 28301

Pending @ $210,000 - 3/2 - 1,009 sqft - Year: 1920

https://www.redfin.com/NC/Fayetteville/610-School-St-28301/home/125318073


312 Broadfoot Ave, Fayetteville, NC

Pending @ $215,000 - 2/1 - 1,088 sqft - Year: 1946

https://www.redfin.com/NC/Fayetteville/312-Broadfoot-Ave-28305/home/126054973


2019 Harlee Street, Fayetteville, NC

Pending @ $175,000 - 2/1 - 1,039 Sqft - Year: 1941

https://www.redfin.com/NC/Fayetteville/2019-Harlee-St-28303/home/125363263


117 Mullins Ave, Fayetteville, NC

Pending @ $120,000 - 2/1 - 811 sqft - Year: 1949

https://www.redfin.com/NC/Fayetteville/117-Mullins-Ave-28301/home/126286890


SOLD COMPS


210 Highland Ave, Fayetteville, NC

Sold $225,000 02/24/2023 - 3/2 - 1,181 sqft - Year: 1925

https://www.redfin.com/NC/Fayetteville/210-Highland-Ave-28305/home/125297580


304 Mason Street, Fayetteville, NC

Sold $163,000 10/20/2022 - 3/1 - 1,098 sqft - Year: 1937

https://www.redfin.com/NC/Fayetteville/304-Mason-St-28301/home/126222585


215 Hinsdale Ave, Fayetteville, NC

Sold $163,000 10/20/2022 - 3/1 - 1,098 - Year: 1937

https://www.redfin.com/NC/Fayetteville/215-Hinsdale-Ave-28305/home/125507464


RENTAL COMPS


1708 Queen Street, Fayetteville, NC

For Rent $1,600/mo - 2/1 - 1,100 sqft

https://www.zillow.com/homedetails/1708-Queen-St-Fayetteville-NC-28303/53653931_zpid/


616 Townsend Street, Fayetteville, NC

For Rent $1,450/mo - 2/2 - 1,100 sqft

https://www.zillow.com/homedetails/616-Townsend-St-Fayetteville-NC-28303/53653800_zpid/


Rentals in the area Average $1,395 / mo

Based on 39 Properties seen within the last 6 months All 3 Bed 2 Bath

See attached Rentometer Pro Report


RECENTLY SOLD CASH COMPS IN WORSE/DATED CONDITION


849 Hillsboro Street, Fayetteville, NC

Sold $80,000 on 03/01/2023 - 3/2 - 1,100 sqft -Year: 1962

https://www.redfin.com/NC/Fayetteville/843-Hillsboro-St-28301/home/126318174


527 School Street, Fayetteville, NC 28301

Pending @ $80,000 - 3/1 - 972 sqft - Year: 1940

https://www.redfin.com/NC/Fayetteville/527-School-St-28301/home/126324823


1203 Simpson Street, Fayetteville, NC

Sold $90,000 on 10/05/2022 - 2/1 - 1,000 sqft - Year: 1920

https://www.redfin.com/NC/Fayetteville/1203-Simpson-St-28305/home/126626688


CLOSING AND ACCESS


**Property is VACANT**

**Please CALL Ahead to Schedule An Appointment**

**Closing On OR Before 04/21/2023**


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

Trevor Wilcox

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