Property Description:
427 Jones Ave. Raeford, NC
Assignable Contract
Asking $42k
Closing Nov. 22nd
ARV $120k
House:
This is a solid brick house that needs some love. 1194sf was the original square footage before the converted carport & extra added bonus room. That makes this a 3 bed 1 bath, with bonus room and bonus office space size room. CITY WATER & CITY SEWER. HVAC is functional, but needs to be serviced. Roof does not seem to have any leaks or issues. Photos will show owner almost started renovated after previous tenant, before deciding to just sell since he is not local.
Rental rates between $1000 and $1400 - depending on finishes.
Neighborhood:
Near Main St Raeford. This is a neighborhood with clear evidence of investors turning it around. Houses were clearly being worked on and neighborhood felt safe.
Great rental location in my opionion. Nieghborhood is primarily be 3bed/1bath houses. Adding a bathroom would be valuable.
Currently Vacant. Please do not approach house without appointment.
Call or Text me directly for pictures and appointments.
Andrew Miller
757-672-8562