Property Description:
The address is 448 Glen Raven Rd, Burlington, NC 27217. The cash price is $139,000.
We all know Burlington as a very strong rental market (I've heard it called BRRRRlington before!) but it is also an amazing market to flip houses as well. Because of it's location being close to the middle point between the Triad and the Triangle, there has been a strong demand and it's not slowing down any time soon! And this house should be your next flip - here's why: a large footprint to easily add an additional bedroom and bathroom (making it a 3 bed/2 bath), nice sized lot on a quiet street, and probably the biggest reason of them all... the ARV is close to $300k! With all these things and more, this should be a no-brainer that offers a strong return! So be sure to check out the pictures, run your numbers, and put an offer in before it's gone!
Property info:
Single Family
2 Beds
1 Bath
Sqft: 1,486
Year Built: 1937
Occupancy: Vacant
Additional Comps:
1107 Morgan Glen Dr - 3bd/2ba 1,043sqft - $229,500 ($220/sqft)
2330 Park Road Ext - 2bd/1ba 1,148sqft - $206,000 ($179/sqft)
2207 Troendly St - 2bd/1ba 796sqft - $165,000 ($207/sqft)
Please reach out to me to view the property! Any questions please do not hesitate to ask. We look forward to seeing you!