DESCRIPTION

Attention investors! Don't miss this fantastic opportunity to invest in a prime property located in the upscale neighborhood of Lochridge/Summer Pointe in Cary, NC. This charming house is nestled between two tranquil lakes, offering a serene and peaceful environment.

This property features a refreshing pool in the backyard, perfect for relaxing after a busy day. The house is in need of updating to meet the latest 2023 standards, making it an ideal fix and flip opportunity.

Located just half a mile away from the prestigious Lochmere Golf Club, this property is sure to attract avid golfers and enthusiasts. Furthermore, the popular Lake Wheeler and Lake Johnson Park are just a 10-minute drive away, providing ample opportunities for outdoor recreation and water activities.

With the added advantage of being only a 20-minute drive from downtown Raleigh, this property offers both a serene retreat and easy access to the vibrant city life. Don't hesitate to take advantage of this lucrative investment opportunity and turn this diamond in the rough into a profitable venture.

PROPERTY DETAILS

Rehab Level: Moderately Heavy Cosmetic

Occupancy: Tenant Occupied / Vacant At Close

Construction: Wood Framed

Water Heater: Good Condition

Electrical Panel: Good Condition

Heating: 2 HVAC Systems Working Condition

Roof: Good Condition (10 Years Old)

PENDING COMPS

103 Wineleaf Lane, Cary, NC 27518

Pending @ $1,100,000 - 4/4 - 4,093 Sqft - 1985 Build

https://www.redfin.com/NC/Cary/103-Wineleaf-Ln-27518/home/41154894

100 Loch Stone Lane, Cary, NC 27518

Pending @ $2,295,000 - 5/4.5 - 5,058 Sqft (Significantly Larger Shown for types of houses here)

https://www.redfin.com/NC/Cary/100-Loch-Stone-Ln-27518/home/41185100

SOLD COMPS

117 Loch Haven Lane, Cary, NC 27518

Sold $912,000 on 10/12/2022 - 3/2.5 - 2,709 Sqft

https://www.redfin.com/NC/Cary/117-Loch-Haven-Ln-27518/home/41226974

104 Loch Vale Lane, Cary, NC 27518

Sold $1,346,000 on 01/20/2023 - 4/3 - 4,315 Sqft

https://www.redfin.com/NC/Cary/104-Loch-Vale-Ln-27518/home/41157468

CLOSING AND ACCESS

**Property is OCCUPIED / VACANT AT CLOSE**

**Please CALL Ahead to Schedule An Appointment**

**Closing On OR Before 04/12/2023**