(Kernersville, NC) SFR in Graystone Forest 🏠 Great FLIP Opportunity 🛠️ HOT DEAL IN A HOT NEIGHBORHOOD 🔥

Forsyth County, Kernersville, NC, 27284
Sold
Listed at: July 14th, 2023
Price
$309,980
ARV
$495,000
Gross Margin
$185,020
Sq. Footage
3470
Type
Single-Family
Parking
Attached Garage
Year build
1981
Lot size
0.61 acres
Bedrooms
4
Bathrooms
3
Half Bathrooms
0
Summary

DESCRIPTION

Discover an investment gem nestled within the serene and upscale Graystone Forest neighborhood, a mere 20 minutes' drive from the lively downtown Winston-Salem. This expansive single-family home, constructed in 1981, carries the classic charm of its era, now poised for a modern rejuvenation to unlock its remarkable potential.

Occupying a generous 0.61-acre plot, this property provides ample room for creativity and expansion, a dream canvas for any investor. Envision transforming this diamond in the rough into a luxury dwelling, complete with all the modern amenities. With high-end residences enveloping the vicinity, the promise of increased property value upon revitalization is a certainty.

Adding to its allure, the stunning Kernersville Lake Park, a local oasis of tranquility, is only a 5-minute drive away, further enhancing the lifestyle appeal of this property.

Whether you're seeking a lucrative flip opportunity or a chance to craft a stunning rental property, this home presents an unparalleled opportunity for the astute investor. Capitalize on its potential and add this to your portfolio of successful real estate transformations. The opportunity is here; the rest is in your hands.


PROPERTY DETAILS

Rehab Level: Cosmetic

Occupancy: Owner Occupied / Vacant At Close

Construction: Wood Frame

Water Heater: Good Condition

Electrical Panel: Good Condition

HVAC: Good Condition (11 Years Old)

Parking: Driveway / Carport

Roof: Good Condition (11 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 09/01/2023**



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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Disposition manager