(Raeford, NC) Beautiful SFR 🏠 2008 Build 🛠️ WHOLETAIL / RENTAL OPPORTUNITY 💰 30 Minutes from Fayetteville 📍

Hoke County, Raeford, NC, 28376
Sold
Listed at: July 20th, 2023
Price
$187,980
ARV
$245,000
Gross Margin
$57,020
Sq. Footage
1488
Type
Single-Family
Parking
Attached Garage
Year build
2008
Lot size
20037.00 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

DESCRIPTION

Discover this hidden gem nestled in the tranquil setting of Raeford, NC, a mere half-hour from the bustling heart of downtown Fayetteville. This charming single-family home, constructed in 2008, offers a perfect blend of modern comforts, solid construction, and the promise of an idyllic family life in a serene town. It's not just a house, but a well-maintained asset with all the significant components boasting considerable longevity, primed for the discerning investor's eye.

The current rental agreement provides a steady income stream at $1,490 per month until February 2024. With average rents in the locality for similar properties touching the $1,600 mark, there's a clear opportunity for an uptick in future rental returns.

This property isn't merely an investment, it's a turnkey solution that offers a flawless blend of stable cash flow and potential capital appreciation. Whether you're looking to expand your real estate portfolio or explore a wholetail opportunity, this house stands as a compelling prospect. Let this be your next venture in building wealth through real estate.

PROPERTY DETAILS

Rehab Level: Little / None / Cosmetic

Occupancy: Rented @ $1,490 /mo until February, 2024

Construction: Wood Frame / Vinyl Siding

Water Heater: Great Condition

Electrical Panel: Great Condition

HVAC: 2008

Parking: Driveway / Attached Garage

Roof: 2008


CLOSING AND ACCESS


**Property IS RENTED UNTIL FEBRUARY, 2024**

DUE TO THE OCCUPANCY STATUS OF THIS PROPERTY

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

NOT VACANT AT CLOSE


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