(Salisbury, NC) Beautiful Brick Ranch Style SFR 🏠 GREAT FLIP OR RENTAL πŸ› οΈ SELLING FAST πŸ”₯πŸ”₯

Rowan County, Salisbury, NC, 28144
Sold
Listed at: July 3rd, 2023
Price
$199,500
ARV
$285,000
Gross Margin
$85,500
Sq. Footage
1698
Type
Single-Family
Parking
Carport
Year build
1954
Lot size
0.43 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

DESCRIPTION

Situated just a quick five-minute drive from the vibrant heartbeat of downtown Salisbury, NC, lies a promising investment opportunity in the form of a sturdy brick ranch-style property. This home stands as a testament to quality, with impeccably maintained hardwood floors and structurally sound windows, providing the perfect foundation for a transformation project.

Although currently owner-occupied, the property will be delivered vacant upon closing, ready for the skilled hands of a discerning investor. This gem offers a substantial fix-and-flip prospect or a canvas for a modern, high-yield rental property. Beyond its present good condition, it yearns for a strategic update to unlock its overflowing potential. This property doesn’t simply offer a slice of the real estate market; it offers the opportunity to shape and steer the future of a home, unlocking impressive returns on your investment. Embrace this golden opportunity to add significant value to a solid property and cement your success in the flourishing Salisbury market.


PROPERTY DETAILS


Rehab Level: Cosmetic

Occupancy: Owner Occupied / Vacant At Close

Construction: Brick

Water Heater: Good Condition

Electrical Panel: Good Condition

HVAC: Great Condition (3 Years Old)

Parking: Driveway / Carport

Roof: Great Condition (3 Years Old)


CLOSING AND ACCESS


**Property WILL BE VACANT AT CLOSE**

DUE TO THE OCCUPANCY STATUS OF THIS PROPERTY

**NO SHOWINGS WILL BE SCHEDULED UNLESS A SOFT/VERBAL OFFER IS PRESENTED FIRST**

**Please CALL Ahead to Schedule An Appointment**


**Closing On 07/19/2023**



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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