1656 NC-98, Louisburg, NC 27549

Property Status: Available (Wholesale) | For Sale: $115,000.00

4 Bedrooms / 3 Baths / Single Family

Property Photos

PRICE REDUCED: Easy fix-and-flip. ARV 175-185. Repairs under 25k. Roof/HVAC age 4yrs.

Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $115,000.00
Property Details:
4 Bedrooms / 3 Baths / Single Family
Property Style:
Year Built:
Finished Sq Ft:
No Basement
Owner / Agent:
Property Features:
Central Air
~1+ acre pond
Contact Info
Hutson Home Solutions LLC
(919) 337-7765

View on Individual's Website
This is a manufactured/DBL (HUD certified) ranch situated on 4.9 beautiful acres of land in Louisburg!!! Link to pictures and video at bottom of this page. ARV: $175-185,000 (based on recently-sold, similar comps in the area) Repairs: Under $25,000 Roof, HVAC, Oven, Water Heater, Chimney and ~40% of the windows are all under 4 years old. Crawlspace is dry, no sign of mold. Electrical and plumbing are in excellent condition. No shifting or cracks in foundation or piers. Recommended repairs include: New light fixtures throughout, interior paint, upgrade kitchen (resurface countertops, paint cabinets, new dish washer, microwave, sink and stove), new carpet throughout, laminate floors appear to be fine as-is with the exception of around the HVAC unit in the laundry room, minor trim work, replace ~60% of windows (none appear broken though), re-glaze garden tub in master, pressure wash outside, mowing of grass and removal of plant growth around property. House is actually on Franklin County water despite tax records claiming well. Septic tank present. Percolation test years ago showed property percs for two units, buyer to confirm legality of building second unit via their own due diligence. Have consulted with a second listing agent who works in Louisburg and they have verified our ARV range. Comps include 35 Azalea Dr. in Louisburg (sold in June for $180k. DOM 25) and 62 Gunsmoke Ln. in Louisburg (sold in June for $205k. DOM 4). Link to pictures and video: https://www.icloud.com/photos/#0Dvi2LELQZ4CVBGMVyvUR3k6Q

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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