Property Description:

Cosmetic Flip Opportunity

Great opportunity to flip this conveniently located Siler City home. Located just past Pittsboro in the HOT Siler City area with comps having low DOM. Structurally sound property featuring three bedrooms and situated on a corner lot convenient to the local school and park across the street. Privacy fence around yard, close to town. It was previously owner occupied and is currently vacant and ready to close. Structurally in great shape to include good crawl insulation and vapor barrier. HVAC is older but functions well, water heater in good shape. Needs exterior yard cleanup, interior cosmetic updates to include paint, appliances, one new tub and the standards. Flooring can be polished and remain but is at discretion of buyer. 

3 Beds/2 Bath/1,142 sqft
Convenient corner lot location
City water/sewer
Great area with strong comps

Vacant
Contact for access.
As always, YOU ARE RESPONSIBLE FOR YOUR OWN DUE DILLIGENCE.

Pictures: dropbox.com/scl/fo/m44lpgves26jy2mfadowh/h?rlkey=kxj33sqghnsf4luwmohxwiz8j&dl=0

ARV: $241,000* 

*Note: I'm basing ask price off of this ARV supported by comps however based on market trends I believe $250,000 will be the appropriate list price. That said, it's always best to be conservative and use the lower number for analysis.  Contact for comps.

Market Rent: $1,614/month

Asking Price: $156,500*
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.