(Charlotte, NC)🔥SFR FLIP OR RENTAL💰 VIDEO WALKTHROUGH 🎥 GREAT NEIGHBORHOOD 🏘️

Mecklenburg County, Charlotte, NC, 28213
Sold
Listed at: April 10th, 2023
Price
$200,000
ARV
$295,000
Gross Margin
$95,000
Sq. Footage
1104
Type
Single-Family
Parking
Driveway
Year build
1965
Lot size
9148.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

DESCRIPTION


Attention investors! Here's an amazing opportunity to own a charming single-family home located in the highly coveted Hidden Valley neighborhood of Charlotte, NC. This property is the perfect fix-and-flip investment with tons of potential for great returns. The area is known for its high appreciation rates and strong demand, making it an ideal investment opportunity for those seeking a high ROI.

The location couldn't be more perfect as it's less than 5 minutes away from Sugar Creek disc golf course, as well as several other golf courses and country clubs, offering endless opportunities for recreation and leisure. Additionally, the property is just 5 miles from the bustling downtown Charlotte, providing convenient access to all the city has to offer.

This property boasts a newer roof and HVAC systems, ensuring low maintenance costs and providing peace of mind to potential investors. Don't miss out on this rare opportunity to invest in a hot neighborhood that promises to deliver great returns.


PROPERTY DETAILS


Rehab Level: Moderate Cosmetic

Occupancy: Tenant Occupied (Month-to-Month Lease)

Construction: Brick

Water Heater: Great Condition

Electrical Panel: Great Condition

Windows: Great Condition

HVAC: Great Condition (< 5 Years Old)

Parking: Detached Garage

Roof: Great Condition (9 Years Old)


PENDING COMPS


4501 Thornwood Rd #60, Charlotte, NC, 28213

Pending @ $295,000 - 3/1.5 - 1,300 Sqft - Year: 1962

https://www.redfin.com/NC/Charlotte/4501-Thornwood-Rd-28213/unit-60/home/184675820


901 White Plains Rd, Charlotte, NC 28213

Pending @ $270,000 - 3/1.5 - 1,200 Sqft - Year: 1963

https://www.redfin.com/NC/Charlotte/901-White-Plains-Rd-28213/home/43924700


5928 Amberly Lane, Charlotte, NC 28213

Pending @ $300,000 - 3/2 - 1,232 Sqft

https://www.redfin.com/NC/Charlotte/5928-Amberly-Ln-28213/home/43926053


5801 Amberly Lane, Charlotte, NC 28213

Pending $335,000 - 3/2 - 1,221 Sqft - Year: 1969

https://www.redfin.com/NC/Charlotte/5801-Amberly-Ln-28213/home/43925196


**Property is TENANT OCCUPIED / WILL NOT BE VACANT AT CLOSE**


**CURRENT RENT - $1,200 / Mo**

TENANT IS ON A MONTH TO MONTH LEASE

BUYER WILL NEED TO GIVE TENANT NOTICE TO VACATE UPON CLOSING


**DUE TO THE OCCUPANCY STATUS OF THIS PROPERTY, NO SHOWINGS WILL BE SCHEDULED UNLESS A SOFT OFFER IS PRESENTED FIRST**

**Please CALL Ahead to Schedule An Appointment**

**Closing On 05/04/2023**




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.
Videos

VIDEO WALKTHROUGH

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

Trevor Wilcox

No reviews

Disposition manager