1009 2nd Ave, Smithfield, NC 27577

Single Family / 5 Bedroom(s) / 2 Bath(s)

Property Status:  Sold | $151,000.00 (Wholesale)

Property Photos
1009 2nd Ave (Image - 1)
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1009 2nd Ave (Image - 5)

OFF-MARKET! 5-Bed Investment Opportunity in Smithfield, NC!

Property Status:
This Property is currently...
  • Status:  Sold | $151,000.00 (Wholesale)
Property Details:
Single Family / 5 BR / 2 BA
Property Style:
1-Story
Year Built:
1954
Finished Sq Ft:
1,957
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
Worthy Investment Properties
(919) 551-7715

View on Individual's Website
Property Description:

Large home, big opportunity. Renovation details inside

 

Call or text

Zach - (919) 551-6515 or

Daniela - (828) 795-2827

 

For viewing, offers, and showing schedules.

 


Property Description:
Address: 1009 2nd Ave, Smithfield, NC 27577

Subdivision: Lowell

Municipality: Smithfield City


Overview:
This spacious 5-bedroom, 2-bathroom home, located at 1009 2nd Ave, Smithfield, NC 27577, offers a substantial living space of 1,957 sq ft on a generous lot of 8,330 sq ft. Built in 1954, this property is an excellent investment opportunity for those looking to restore a classic home with great potential.

 
Interior Features:


- Bedrooms: 5 full bedrooms.
- Bathrooms: 2 full bathrooms.
- Heating: Gas-fueled, not ducted.
- Fireplace: Features a 1-story, single-opening fireplace, adding a cozy charm to the living space.
- Stories: This 2-story home provides ample space for family living and entertaining.


Exterior Features:
- Construction: The home is constructed with aluminum/vinyl exterior walls, ensuring durability and ease of maintenance.
- Roof: The roof is covered with asphalt/composition shingles and has a classic gable shape.
- Foundation: Continuous footing provides a solid foundation.


Building Details:
- Living Area: 1,957 sq ft
- Gross Area: 2,276 sq ft
- Ground Floor Area: 1,453 sq ft
- Building Improvement Type: Single-family residential
- Floor Construction: Plywood


Lot Information:
- Lot Size: 0.1912 acres (8,330 sq ft)
- Legal Description: Sandy Run Lot M63 L5 1 Lot Sandy R
- Zoning Code: RES (Residential)
- Front Footage: 49 ft
- Depth Footage: 170 ft
- Number of Buildings: 1


Investment Highlights:
- Condition: The home offers solid potential. However, it requires renovations, including addressing black mold in the garage, foundation repairs, and updating the plumbing and HVAC systems along with roof repairs and other cosmetic fixes. 

 

 


Buyer pays all Closing Costs

 

COMPS

 


406 E Lee St - 4/3, 2,031 sqft - SOLD FOR $326K

 

616 S 1 St - 4/3, 2,160 sqft - SOLD FOR $385K

 

19 S Vermont St - 3/2, 2,077 sqft - SOLD FOR $327K

 

1231 Old Goldsboro Rd - 4/3, 2,127 sqft - SOLD FOR $329K



ARV: $320K

 


STARTING OFFER PRICE: $151K

 


(Agents add your commission on top)

 


Starting Offer Price is our Minimum Acceptable Offer


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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