*REDUCED* 🏠🌳🏠Statesville Flip with Potential Extra Lot🏠🌳🏠

Iredell County, Statesville, NC, 28677
Sold
Listed at: August 18th, 2023
Price
$68,500
ARV
$240,000
Gross Margin
$171,500
Sq. Footage
1399
Type
Single-Family
Parking
Driveway
Year build
1939
Lot size
acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

REDUCED

This property has so much potential! Double up with the additional lot that comes with this one! Full interior reno along with new roof and adding central air. There is a small building out back that would need to be disposed of. There seems to be some structural damage by the fireplace, that the homeowner attempted to mitigate in the past. There is space to add a bathroom to make create a 3/2 or 3/1.5 (see pics). ADDITIONALLY, the property is situated on a double lot. We have confirmed with zoning & planning that the lot could be split with a minimum of 10,000 SF and 75' of road frontage. The comps used here are 1305 Reid (property) and 1375 Melviney (lot).

Roof- Over 10 years old

Water/Sewer- City

Hot Water Heater- 4 years old

Crawlspace

Electrical-Needs a little work ( 2 prong )

HVAC- None

Furnace- Gas


Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

David Dotter

No reviews

Disposition manager