$46K Another REHAB Home-Run Deal!!! (Fayetteville, NC) Sold

  • $46,000
  • 4 beds
  • 2.5 baths
  • 1,550 sqft

PRICE REDUCED FOR YOU – $2K!!

A bit of a Country Setting for this fabulous 4 BR – 2.5 BA rehab / fix n flip opportunity located in the Cedar Creek location of Fayetteville, NC, on almost a full acre lot. This awesome money maker is at 7808 Johnson Rd in SE Fayetteville, 28312. This is a quiet, beautiful and private area…that would re-sell for you EXTREMELY quickly when completed!

This house has been neglected, foreclosed, battered and vacant for a while and needs to be brought back to it’s original beauty by you. But what a tremendous PAYDAY!!!

Here’s the numbers for you smart rehabbers:

ARV (After Repaired Value) = $189,875.00 (CMA comps F/S and Sold) = $115 to $130 per FSF. We comped it right in the middle @ $121.00  finished sq ft = $189, 875.00

Approx Rehab Needed: = $55K to $60K (May be less, depending on quality finish and materials purchased.) This includes a FULL REHAB…in and out, new roof, AC unit if needed, brand new landscaping, sod/new grass, foliage and crushed stone driveway along with brand new/rebuilt carport was calculated in our rehab analysis.

Approx Profits: (Gross) = $78,000 to $83,000 (ARV – purchase – full rehab costs.)                                  Approx Profits: (Net) = $63,000 to $68,000 (After commissions / closing / holding costs.)

This is the one you’ve been waiting for!! 🙂 A years pay….in….one deal!!! (Can close with us 6/18/20.)

For our Serious rehabbers only, contact us asap! This one’s gonna fly out of our store!!

Thanks!

 

Price:
$46,000
Address:
7808 Johnson Rd
Fayetteville, NC 28312
Square Feet:
1,550
Lot Size:
35,700' (0.85 acres)
Bedrooms:
4
Bathrooms:
2.5
Terms:
For Sale
Property Type:
Home
Year Built:
1950
Basement:
No Basement
Const. Type:
Wood Frame
MLS #:
Under Contract

Additional Features

INVESTOR'S SPECIAL!!! NEEDS WORK, CEDAR CREEK LOCATION ON ALMOST AN ACRE OF LAND. UNIQUE FLOOR PLAN, WHICH FEATURES AN OVER SIZED KITCHEN, FOUR BEDROOMS, TWO AND HALF BATH WITH LAUNDRY ROOM. GREAT POSSIBILITIES...AND A FABULOUS PAY DAY!!!

Call (919) 554-6930 for more details

Property Location