Property Description:
ARV Estimate: $220,000 - $240,000
Rent Estimate $1,200/Month (Instant Cash Flow)
Bed/Bath/SqFt 3 Beds / 1 Bath / ~1,300 sqft
Location Quiet, established residential street in Burlington, NC.
What We Love About This Opportunity
This is the perfect mid-level project, offering substantial upside without major overhaul risk.
Mechanical Strength: The property features a functioning HVAC unit and the water heater appears in good condition. This significantly reduces major repair contingency risk.
Solid Neighborhood: Located on a quiet street in a desirable residential area, making it highly attractive to both owner-occupants (for a flip) and long-term tenants (for rental).
Simple Cosmetics: The interior requires primarily cosmetic renovations (paint, flooring, kitchen refresh) depending on your exit strategy. The layout is functional.
The Work: Clear, Defined Scope
Foundation: Minor foundation work is needed. This is the largest defined structural expense.
Exterior: The existing siding is good, but for a top-dollar flip, the exterior will need to be updated/replaced to maximize ARV.
Interior: Small cosmetic renovations are required to achieve maximum resale value.
Lock This In Now!
This deal is priced to move and has clear, multiple exit strategies. Don't let this predictable profit opportunity slip away!
Contact us immediately to secure this deal!
Asking Price: Only $109,777
All reasonable offers will be reviewed!
*Agents please add your fee above asking price.
*Sight unseen offers and offers from prior partners will receive priority.
*Buyer pays closing costs
Pictures: drive.google.com/drive/folders/17Jkk5WSVvyaigsbsdZLUvOlzVlHoPg7j?usp=drive_link
For additional information or to view this property please contact:
Call Now For Access.
Disclaimer and Contract Enforcement Notice
Buyer is solely responsible for all independent due diligence. This firm makes no representations or warranties regarding the property's condition, environmental status, or history, and the property is acquired strictly "AS-IS." We are acting as Principal Assignor and are not licensed real estate agents or brokers.
This is an Assignment of Contract. Unauthorized interference with this executed agreement, including any attempt to contact the Seller, re-market the property, or usurp this contract prior to the scheduled closing, constitutes Tortious Interference with Contractual Relations. Any such action will be met with immediate legal action to pursue all available remedies, including injunctive relief, specific performance, and the recovery of damages.