🔥 🏡 Turn Key Rental/Flip in Gastonia, NC 🏡 🔥

Gaston County, Gastonia, NC, 28052
Sold
Listed at: April 25th, 2023
Price
$125,000
ARV
$200,000
Gross Margin
$75,000
Sq. Footage
1398
Type
Single-Family
Parking
Driveway
Year build
1900
Lot size
0.23 acres
Bedrooms
3
Bathrooms
2.5
Half Bathrooms
0
Summary

3 Bed / 2.5 Bath - 1889 SF - Built in 1900

ARV - $200,000

Area Rents - $1,400 - $1,500


Estimated Repair Costs - $30,000 - $35,0000

Needs Paint & Floors - $12,000 - $15,000

Exterior Siding - $5,000 - $7,000 

Kitchen And Bathroom Remodel - $12,000 - $15,000


Roof - About 10 Years old 

Hvac - One unit is about 3 years old / age is unknown on the other unit but it's working

Electrical - is in good condition 

Plumbing - updated in good condition


Comps

  • 1714 W Davidson Ave, Gastonia, NC 28052 - 3 Bed/2 Bath/1,533 SF - Sold on 03/06/23 - $292,000 (House was fully remodeled)
  • 1519 Collinston Dr, Gastonia, NC 28052 - 4 Bed/2 Bath/1400 SF - Sold on 04/14/23 - $179,900 (House was outdated)
  • 801 N Ransom St, Gastonia, NC 28052 - 2 Bed /1 Bath/872 SF - Sold on 02/28/23 - $162,000 Smaller House/Our house is bigger and cheaper)
  • 605 Westwood Cir, Gastonia, NC 28052 - 2 Bed/ 1 bath/1,100 SF - Sold on 2/16/21 - $99,000 (Smaller House)



BUYER PAYS ALL CLOSING COSTS (NO EXCEPTIONS)

$3,000 NON REFUNDABLE EMD

CLOSE ON OR BEFORE 5/9/2023

HARD MONEY WELCOMED

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

Dan Berovides

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