Property Description:
🏡 OFF-MARKET INVESTMENT OPPORTUNITY – RALEIGH, NC (27616)
📍 7205 Perry Creek Rd, Raleigh, NC 27616
💰 Asking Price: $170,000
Link to Photos:
drive.google.com/drive/folders/19msmK3oa8ZVuFYO7z-RZOKdFW-n2K0CY?usp=sharing
🏠 Property Details
3 Bedrooms / 1.5 Bathrooms
~1,050 Sq Ft
Single-family ranch
Built in 1970
Located in established NE Raleigh neighborhood
Large lot with strong resale demand in the area
🔨 Condition / Scope of Work
Property is in need of a full cosmetic renovation with potential system updates, including:
Kitchen remodel
Bathroom updates
Flooring + paint throughout
Fixtures, lighting, and trim
Potential roof/plumbing considerations
📊 Market & Value Overview
Strong nearby single-family comps supporting: $285K – $310K ARV
Highly active entry-level price range in this submarket
Consistent demand for renovated 3/1–3/2 homes under $325K
💰 Investment Breakdown
Asking Price: $175,000
Estimated Rehab: $70K – $75K
All-in Target: ~$240K–$245K
ARV: $285K – $310K
👉 Potential spread depends on renovation execution and final resale price range.
🔥 Deal Highlights
Strong entry-level Raleigh submarket
Clear value-add renovation opportunity
Proven resale demand in the $300K range
Good candidate for flip or long-term hold strategy
Call or Text 919-332-1012 for quickest response