(Princeton, NC) 🏡Cheapest Home on the Market💰 45K Potential Profit!

Description

🏡Cheapest Home on the Market💰 45K Potential Profit!
This property presents an ideal blend of suburban serenity and city convenience, situated a mere 15 minutes away from Smithfield and only 45 minutes from Raleigh, offering excellent potential for a fix-and-flip investment strategy.

Great Schools Rating:
7/10 – Princeton Elementary
7/10 – Princeton High

Perfect For:
🛠️Fix & Flip
(Purchase Price) $70K + (Rehab) $60K = (Total Investment) $130K
(ARV) $175K – (Total Investment) $130K = (Gross Profit) $45K
SOLD COMPS:

413 W 1st St. Princeton, NC 27569 – SOLD $141K
https://www.zillow.com/homedetails/413-W-1st-St-Princeton-NC-27569/69132133_zpid/

FOR SALE COMPS:

105 Mercer St. Princeton, NC 27569 – FOR SALE $219K
https://www.zillow.com/homedetails/105-Mercer-St-Princeton-NC-27569/69103754_zpid/

308 S Center St. Princeton, NC 27569 – FOR SALE $179K
https://www.zillow.com/homedetails/308-S-Center-St-Princeton-NC-27569/84711317_zpid/

Property Overview:
🛏 2 Bedrooms

🛁 1 Bathroom

📏 840 Sqft.

🌳0.23 Acres

📅 Built in 1981

Property Details:
🧱Exterior: Vinyl Siding

🏠Roof: Age Unknown/ Needs New

🪟HVAC: Original

💦HWH: 8-10 Years Old

💡Electrical: Updated in 2020

Additional Insights:
🚀 Area: Great School District

🚧 Attention Required: Full Rehab

🔄️ Vacancy: Vacant