Property Description:
Conveniently Located Flip Opportunity
We've had a lot of interest in this deal but no one has taken the plunge because Hamlet is a bit outside the normal radius for a lot of us. So, we've negotiated a reduction which will allow you a bit of buffer for additional drive time AND, at less than 50% of ARV, make this a KILLER deal for your next flip!
Located in Hamlet NC, which is between Raleigh, Charlotte and Greensboro. Well maintained home, has newish metal roof, vinyl siding in great shape (needs power washed), newish vinyl windows, package HVAC unit in good condition. This one needs a cosmetic refresh. Owner had previously opened one bedroom up to a larger living area; this can be left as a big bedroom by adding a closet or the wall can be put back to make the bedroom smaller and keep a larger living space. There is an add on to the back side of the house that is not included in the SQFT but does look to have duct work. This could be kept as-is for storage or finished to add another 150sqft. The property is currently 1,396 sqft per tax records. Off road parking. Solid comps put this at an ARV of $150-160,000. Home is clean and in good shape.
3 Beds/1 Bath/1,396 finished sqft (from tax- not measured)
Ranch with space in convenient location
City water/septic
HVAC in good condition per owner, approx 7 years old
Metal roof in good condition
Vacant, free to close any time
Our partner company, The Junk Hunters (thejunkhunters.com) is happy to assist with demo/junk out if desired. JH will provide labor and materials for junk out as well as a 20% discount for buyer of property. This is an offer but not a requirement of purchase.
Contact for access.
As always, YOU ARE RESPONSIBLE FOR YOUR OWN DUE DILLIGENCE.
Pictures/Video: dropbox.com/scl/fo/c1u85ocyzcfkjyyo9kqub/AB1CeH5wLBjdq__0_aUwmhU?rlkey=7ngjr59edzbh98r96244af49l&st=5jjehxof&dl=0
ARV: $150,000 - $160,000
Market Rent: $1,000/month
Asking Price: $88,500*
Deposit: $2,500
*Agents please add your fee above asking price.
*Sight unseen offers and offers from prior partners will receive priority.
For additional information or to view this property please contact:
Dan DeLeo
919-538-1385
dan@fivelionsnc.com
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.