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703 - 705 E Brown St, Mebane, NC 27302

Single Family / 2 Bedroom(s) / 1 Bath(s)

Property Status:  Not Available | $110,000.00 (Wholesale) | 

Property Photos
703 - 705 E Brown St (Image - 1)
703 - 705 E Brown St (Image - 2)
703 - 705 E Brown St (Image - 3)
703 - 705 E Brown St (Image - 4)
703 - 705 E Brown St (Image - 5)

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

Property Status:
Not Available | $110,000.00 (Wholesale)
Contact Info
Alamance Property Solutions LLC
(336) 684-8196

Request To See This Property
Property Details:
Single Family / 2 BR / 1 BA
Property Style:
Ranch
Year Built:
1962
Finished Sq Ft:
1,450
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
Central Air
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 is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. 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 nor will be held liable for the property or the information listed here.

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.

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