Great Move in Ready or Fix & Flip Opportunity in Vale, NC
Cash Price $84,900
Amount of Repairs Needed: $20k for Fix & Flip
ARV: $150K
Potential Fix & Flip Profit/Equity: $45k
Other similar houses in the area have recently sold for: $130k-185k similar age & lot size. Average of $155k
Home Type: Double Wide/Vinyl Siding
Bedrooms: 4
Baths: 2
Square Feet: 1440
Lot Size: 3.75 Acres
Year Built: 1992
Updates/Repairs That Have Been Done: New vinyl siding. Newer metal roof. New windows and doors, all has been done within the last 3 years. Bathrooms have new sinks and toilets. Some of the lot has been cleared
Potential Updates/Repairs Needed: Flooring doesn’t match & there are no thresholds, so seams are peeling back. Needs flooring throughout. Outlets need to be put back into the wall. Mid seam panel needs to be replaced. Molding needs to be added/updated. Some walls need to be finished. Wood back porch needs to be replaced.
Other Notes: New vinyl covers up tags. It is vacant. Underpin looks good. Driveway is gravel and dirt. Slight slope in the yard. Brick front porch could be pressure washed. New door needs to be put on crawlspace in the back of the house. HVAC until new in the last 8 years. Stains on ceilings from past leaks that were there before the roof was replaced. No active leaks now. Light switches and outlets were taken out of the walls for new all board to be put up and the switches and outlets were not put back into the wall.
Property Description: This home is a great move in and fix opportunity. It is also a great fix & flip! This 1992 double wide sits on a large lot in a beautiful country setting. This gives you plenty of space for outdoor activities, a garden, flower beds, even a pool! Within the last 3 years a new metal roof, new vinyl siding, windows and doors have been added to the home. Even the bathrooms have new toilets and sinks! There is a nice concrete covered front porch that is perfect for sitting outside and enjoying the weather. This house is move in ready and needs minor fixing and updated. The flooring throughout does not match and is coming up in some spots. Molding could be added/updated. It will need some paint, and some walls need to be refinished. There is a small wooden back porch on the back that needs to be replaced. This is a great deal & you do not want to miss out on it!
Our properties need updates/repairs and are offered at a deep discount for a fast cash sale.
Because our properties need repairs, they do not qualify for traditional financing.
Please call Lorraine at 803-610-2164 or email Lorraine@investorsrehab.com for the address and more details.
We have been providing deep discounted properties in the Carolina’s for over 30 years.
See more wholesale discounted properties and get on our buyers list for future deals at www.InvestorsRehab.com.