NCREIA | 702 W 28th St, Lumberton, NC 28358

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702 W 28th St, Lumberton, NC 28358

Single Family / 3 Bedroom(s) / 2 Bath(s)

Property Status: For Sale | $126,500.00 (Wholesale) |

Property Photos

Contact Info

Allora Homes Nc LLC
(910) 597-1777

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North Carolina Lumberton

Flexible Multi-Exit Investment Opportunity in Lumberton’s Tanglewood Neighborhood

Property Status:
For Sale | $126,500.00 (Wholesale)

Contact Info

Allora Homes Nc LLC
(910) 597-1777

Request To See This Property

Property Details:

Single Family / 3 BR / 2 BA

Property Style:

1-Story

Year Built:

1958

Finished Sq Ft:

1,525

Basement:

No Basement

Owner / Agent:

Wholesale

Property Features:

No Property Features Listed.

Property Description:

Flexible Multi-Exit Investment Opportunity in Lumberton’s Tanglewood Neighborhood

Photos Coming Soon!

Located in Lumberton's established Tanglewood neighborhood, this property sits just blocks from the UNC Health Southeastern hospital campus. This prime location drives constant, recession-proof demand from traveling medical professionals, ensuring a steady stream of premium tenants and minimal vacancy risk.

ARV: $240,000

Estimated Repairs: $30,000

Occupancy Status: Vacant

Scope of Work: Light cosmetic rehab (flooring, kitchen/bath updates, appliances, landscaping)

Roof: 2020

HVAC: 2014

Comparable Sales: 3304 N McMillan Ave sold for $255k | 3502 N McMillan Ave (As-Is) sold for $225k

This is an ideal Buy & Hold cash-flow play tailored for the lucrative mid-term rental market. Because the roof, HVAC, and windows are already in excellent condition, a fast, low-cost cosmetic refresh will immediately unlock top-tier rental rates and maximize your monthly returns.

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. North Carolina Real Estate Investors Association is not responsible nor will be held liable for the property or the information listed here.

North Carolina Real Estate Investors Association 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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702 W 28th St, Lumberton, NC 28358

Single Family / 3 Bedroom(s) / 2 Bath(s)

Property Status: For Sale | $126,500.00 (Wholesale) |

Property Photos

Flexible Multi-Exit Investment Opportunity in Lumberton’s Tanglewood Neighborhood

Property Status: For Sale | $126,500.00 (Wholesale)

Contact Info

Property Details:

Single Family / 3 BR / 2 BA

Property Style:

Year Built:

Finished Sq Ft:

Basement:

Owner / Agent:

Property Features:

Property Description:

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Property Status:
For Sale | $126,500.00 (Wholesale)