Step into this cozy, 2-bedroom, 1-bathroom single-family home that's brimming with potential. Located in the heart of Gastonia, this property offers a unique opportunity for a profitable flip or rental income.

Closing Date: This home NEEEEDS to close in the next 7 days. Can be delayed has to be a quick closing.

There is a 15-day Post Occupancy agreement with an escrow Hold-back on this property.

🏡 Property Highlights:

• Spacious 0.33-acre lot
• Solid brick exterior
• Large interior living space
• Located in a mature, established neighborhood

🏫 Nearby Schools & Amenities:

This property is conveniently located near a variety of schools, shopping centers, and parks, providing all the essentials within reach.

💵 Financial Overview:

• Buy Now Price: $120,000
• Estimated Rehab Cost: $45,000
• After Repair Value (ARV): $180,000
• Projected Net Profit: $35,000
• Rent Zestimate®: $1,350

🔧 Property Specs & Condition:

• Property SF: 1,232
• Building Type: Single Family
• Roof: Shingle (Not Wood)
• Heating: Forced Air
• Sewer: City Water - Sewer
• Zoning: R1

🏘️ Comparable Sales:

1622 Kimberly Dr - 2/1 Smaller As-Is

• Sold For: $150,000
• Sold On: 2/28/2023

2131 W 6th Ave 3/2 - As Is, Some Updates

• $169,500
• 12/16/2022

Pending:

1204 Lynhaven Dr - Smaller 3/1 - Updated

• On the Market for: $198,500
• 12 days On

1735 Echo Ln - 3/2 As-Is

• On Market for: $ 249,000
• 39.0 days on

We exclusively accept cash or hard money for all transactions. We have an assignable contract with the property owner that includes equitable interest. However, it's essential to note that we're neither the owner of record nor licensed realtors. Our properties require cash or private/hard money loans to be purchased, and we do not offer conventional or FHA financing unless explicitly stated otherwise. Prior to signing the contract, all inspections must be completed by the buyer. The properties are sold as-is, where is. Before submitting an offer and signing any contract, buyers must conduct all necessary due diligence. At the time of contract signing, buyers must provide a $2,500 EMD. Unless otherwise indicated, buyers will be responsible for all closing costs. The closing involves assigning our contract with the seller to the end buyer. For transaction coordination, lender/foreclosure attorney communications, and delivering clear title, the buyer must pay a $595 closing fee to Pure Flair Homes.