Nice flip in New Bern. Strong Comps nearby. Quiet street, paved, city water, septic. Owner occupied MFH with 3 beds/2 full baths/2,360 sqft. Home owner has done some of their own updating which seems to have a range of effectiveness; the interior can best be described as structurally sound with a full cosmetic update needed. Second bath will need completed, kitchen will need completed (new cabinets on site). Water heater, electric and plumbing appear sound. Will need new HVAC. Needs new roof and siding repairs mainly on the back side of the house. Comps look good and ARV is based on standard lot size so tis larger lot should increase ARV however we did not want to make an assumption of how much so.
3 Beds/2 Bath/2,360 finished sqft (approximate, please measure)
Huge 16.7 acre private lot
Located on private street in convenient but quiet location
Structurally sound, needs new roof
Needs HVAC
City water/septic
Occupied, please do not disturb owner, contact for appointment
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/e58ti5hi1jfg46ze8246k/AHn5fUJ9Z9Fqx2-A-K5Ieco?rlkey=3z46mmp3ns0w2jik65063ydzs&st=4punsj8u&dl=0
ARV: $270,000 (will be higher due to lot size but no assumption made for how much more)
Asking Price: $138,000*
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.