Flip or Rental Opportunity In Quiet Riegelwood Location
Newer house, built in 2000. 4 bedrooms, 3 bathrooms, 2,708 sqft on over an acre lot! Quiet street, pretty country setting but minutes to Leland and Wilmington. The is honestly the most cosmetic of cosmetic flips. Metal roof is 5 years old. Gas pack approximately the same per owner. County water, septic. Septic in good shape. Large flat lot.
Property is vacant and can close any time.
Extremely clean and sound house. Could be rented as is for $2k/month. Cosmetic updates would be paint, carpets, kitchen countertops, pull two ducts to large bonus room on right side of the house, replace gutter on back side of the house.
4/3/2,708 sqft (approx please verify)
Structurally sound, no known issues
Located in quiet area, convenient to Leland and Wilmington
HVAC and water heater in good condition
Metal Roof, 5 years old
City Water/Septic
Available to view
ARV: $295,000**
Rent Estimate: $2,000/mo
Comps:
8995 Crooked Oak Court, Leland: 4/2/2,066 Sold $269,000 ($130/sqft)
5324 Heading Bluff Road, Currie: 4/2/2,313 Sold $250,000 ($108/sqft)
99 Jumpin Runn Trail, Rocky Point: 3/2/2,028 Sold $260,000 ($128/sqft)
3988 W Red Oak Drive, Leland: 3/2/2,108 Sold $270,000 ($128/sqft)
Asking Price: $185,500
Deposit: $2,500
*Agents please add your fee above asking price.
*Sight unseen offers and offers from prior partners will receive priority.
*Buyer pays closing costs
For additional information or to view this property please contact:
Dan DeLeo
919-538-1385
dan@fivelionsnc.com
Contact for access.
As always, YOU ARE RESPONSIBLE FOR YOUR OWN DUE DILLIGENCE. WE MAKE NO CLAIMS ABOUT THE HISTORY OR CONDITION OF THE PROPERTY.
Pictures: https://www.dropbox.com/scl/fo/no68njfbd70yvvgra6bhx/AGmtXjeToadgaO5xuKmobNQ?rlkey=xho9n0lha1ir4sslgbm6j7q4w&st=s7rxdfd8&dl=0
Disclaimer: We are not realtors and are not acting as such; please complete your own due diligence prior to submitting an offer. This contract is being offered for assignment; this has been communicated to the Seller and the contract has been certified with the Register of Deeds. Any attempt to usurp, re-market or re-brand this agreement will be viewed as hostile and will be prosecuted as such resulting in immediate legal action.