Summary
| Total After Repair Value | $150,000 |
| Total Optimized Rent | $1,000 |
| Total Current Rent | Vacant |
| Asking Price | $85,000 |
Property
| Address | City | Bedroom | Bathroom | Sqft | Acres | ARV | Current Rent | Optimized Rent |
| 2309 Maple Street | Greensboro | 2 | 1 | 798 | .21 | $150,000 | Vacant | $1,000 |
Comparables
| Address | City | Comp Link |
| 2309 Maple Street | Greensboro | https://triad.mlsmatrix.com/Matrix/Public/Portal.aspx?ID=DE-42072896628&eml=cG9tcGV5LnJvYmVydEBnbWFpbC5jb20= |
Details
| System | Notes |
| Roof | Flat Shingle |
| Heating | Gas Heat & Electric Baseboard Heat |
| Air Conditioning | Central Air – Replace |
| Plumbing | Updated – Good condition, no reported issues |
| Electrical | Updated – Good condition, no reported issues |
| Windows | Wood, Decent condition |
| Occupancy | Vacant |
| Water Heater | New condition – no issues reported |
| Water Source | City |
| Sewer Source | City |
Description
Great location in NE Greensboro close to schools, restaurants, the hospital, Revolution Mill and more. Cosmetic rehab, many similar homes sell for 120k+ cash in good but not completely renovated condition. Even the homes selling at 150k have not been completely renovated, the kitchens are original on these houses which means the ARV can be pushed much higher with a full reno. This can be a great buy and hold or it can be a great flip for investors of all levels. Put a little easy TLC in and collect a little profit or fully renovate the entire home and see what price you can command above and beyond the outdated 150k comps. Biggest expense will be replacing the A/C unit.
Showings
Showings available upon request. A walkthrough video is below.
Video Walkthrough
Disclosures
ASSIGNMENT OF CONTRACT, CASH OR HARD MONEY ONLY, MUST CLOSE WITH OUR ATTORNEY, SELLERS DO NOT YET OWN, SELLERS ARE LICENSED NC REAL ESTATE AGENTS AFFILIATED WITH LEGACY REAL ESTATE SERVICES.
BUYERS TO PAY SELLER’S CLOSING COSTS
$1,000 NON REFUNDABLE EARNEST MONEY DEPOSIT DUE WITH CONTRACT
TITLE IN THE PROCESS OF BEING CLEANED. EMD IS REFUNDABLE IF CLEAR AND MARKETABLE TITLE CANNOT BE OBTAINED BY CLOSING.