703 - 705 E Brown St, Mebane, NC 27302

Property Status: Sold (Wholesale) |  Sold: $110,000.00

2 Bedrooms / 1 Baths / Single Family

Property Photos

Great property near downtown MEBANE. Brick Ranch & Mobile Home. 2 Lots of Pure Potential.

Property Status:
This Property is currently...
  • Status: Sold (Wholesale)
  • Sold: $110,000.00
Property Details:
2 Bedrooms / 1 Baths / Single Family
Property Style:
Year Built:
Finished Sq Ft:
No Basement
Owner / Agent:
Property Features:
Central Air
Contact Info
Alamance Property Solutions LLC
(336) 684-8196

View on Individual's Website
Property Description:

This is a beautiful large lot 1.33 acres on a gentle hill. Perfect frontage for subdivision. City water. Currently 2 septics (1 for trailer - 1 for house?) Orange County - City of Mebane ETJ


Current brick ranch - 2/1.25 with giant bonus room - could be master. Needs full rehab - lots of DIY done in past. $60-$80K. ARV $185-$195K


 Old trailer currently occupied with month to month tenant at $325 (great income to cover holding costs during rehab). Rehab Costs?  ARV $325-$600/month


Second lot According to city of Mebane planning department, "This should be a simple subdivision, not likely to need planning review, just staff approval"
Lot value as is: $30K New build or modular on 2nd lot $185-195K


 Sold AS-IS. Must be able to close by July 31st.

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.

Real Estate Promo is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.