$105,000 Reduced to Only $80,000 Starting Price!
Prosperity Equity Pros is now DiscountHouse.com
Video Walkthrough (Upstairs & Downstairs)
Summary
| Total After Repair Value | $300,000+ |
| Total Optimized Rent | Retail |
| Total Current Rent | Vacant |
| Starting Price | $80,000 |
| Buy it Now Price | $100,000 |
Property
| Address | City | Bedroom | Bathroom | Sqft | Acres | ARV | Current Rent | Optimized Rent |
| 7209 Whitsett Park Road | Whitsett | Finish How You’d Like | Finish How You’d Like | 4,040 | 1.81 | $300,000 | $0 | Retail |
Comparables
| Address | City | Comp Link |
| 7209 Whitsett Park Road | Whitsett | https://triad.mlsmatrix.com/Matrix/Public/Portal.aspx?ID=DE-45576407330&eml=cG9tcGV5LnJvYmVydEBnbWFpbC5jb20= |
Details
| System | Notes |
| Roof | Architectural – New |
| Heating | None |
| Air Conditioning | None |
| Plumbing | Started – Needs work |
| Electrical | Started – Needs work |
| Windows | Some windows are in tact, others need work |
| Subfloor | Solid but still work needed in certain places |
| Water Heater | None |
| Water Source | City |
| Sewer Source | City |
Description
Huge 4,000 square foot home in popular Whitsett just east of Greensboro and west of Burlington! Renovations have been started but not completed which makes this the perfect opportunity to design/finish the home as desired. New, quality framing will provide end buyers with confidence knowing this 1940s home has brand new, quality materials. There are many new construction homes in the area selling for high 300s to high 400s. These houses sit on .5 of an acre versus 1.81 acres and are 1,000-2,000 sqft smaller. There is a house that was built in 1900 with only 2,100sqft that sold for 268k and it wasn’t completely renovated like this house will be. The conservative ARV is 300K but this can and should be pushed much higher depending on the type of finishes. This is a great winter project to renovate and make market ready for the spring season.
Offer Process
Highest and best offer wins, beat the competition by choosing to “Buy it Now” at the listed ‘Buy it Now Price’
Showings
Contact Robert for showings 704-707-6945. Video walkthrough available.
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
$2,000 NON REFUNDABLE EARNEST MONEY DEPOSIT DUE ONCE UNDER CONTRACT
TITLE IN THE PROCESS OF BEING CLEANED. EMD IS REFUNDABLE IF CLEAR AND MARKETABLE TITLE CANNOT BE OBTAINED BY CLOSING.