(Hope Mills, NC) 🤑$40K+ Profit Fix & Flip🏡

Description

🤑$40K+ Profit Fix & Flip🏡
Conveniently located less than 20 minutes from Fayetteville this property offers the perfect balance between suburban tranquility and urban accessibility.

Perfect For:
🛠️Fix & Flip
(Purchase Price) $185K + (Rehab) $20K = (Total Investment) $205K
(ARV) $245K – (Total Investment) $205K = (Gross Profit) $40K
SOLD COMPS:

362 Woodington Rd. Hope Mills, NC 28348 – SOLD $255K

(went PENDING FAST & sold for $5K OVER asking)

5699 Bauer St. Hope Mills, NC 28348 – SOLD $243K

(went PENDING FAST)

🚪Buy & Hold Rental
(Purchase Price) $185K + (Rental Rehab) $20K = (Total Investment) $205K
(Rent Rate) $1450/mo.
RENTAL COMPS:

5486 Bush Ct. Hope Mills, NC 28348 – FOR RENT $1450/ mo.

Property Overview:
🛏 3 Bedrooms

🛁 2.5 Bathroom

📏 1760 Sqft.

🌳0.34 Acres

📅 Built in 1979

Property Details:
🧱Exterior: Vinyl siding

🏠Roof: Replaced in 2019

🪟HVAC: Replaced in 2017

💦HWH: Replaced in 2015

💡Utilities: Breakers in service panel and no issues with plumbing

Additional Insights:
🚀 Area: Great for rentals

🚧 Attention Required: Minimal repairs.. will need to be cleaned & painted.

🔄 Vacancy: Currently Occupied but will be delivered Vacant at close