Beautiful 3 BR – 2 BA Ranch in one of Durhams hottest zip codes and communities. The seller of this great property was a contractor that finished approx 80% to 85% of the interior cosmetics for you, and also added an additional full bath. (Tax card currently says a 3/1, but it’s not.) He got sick, and needed to sell it. Lucky us…we found it. Plumbing, sewer, electrical, AC all in good or updated condition. Roof is only 7 or 8 yrs old.
The home currently only needs: About 8 interior doors, interior casing (molding) for the new windows (12 new), install all baseboard molding, vanities in bathroom, upgraded kitchen with new appliances and cabinets. Nice fixtures and wall outlet/switch plates, as you would see are needed. Painting, flooring, sheet-rock, lighting, electrical, plumbing and some exterior upgrades have been completed!
Recommendations: Upgrade storage/garage with new roll-up door (dented), and a small side window installed. Complete landscape, some tree trimming and shaping, demo the fence in the trash and open up this beautiful 1/2 acre lot with some gorgeous curb appeal. This one would go REALLY fast!!
Sale Price: = $166,900
ARV: = $235K or higher (in this sellers market and community!)
Rehab Costs (Approx): $10K to $12K (…if that!)
Profit Margin: (Approx): $59K (Minus = holding/closing costs & commissions….’if any’.) (Hint: F.S.B.O.!!)
EMD Needed For Escrow: Only $3K down in earnest money. Title work has been completed.
Please call for entry (Showing) instructions. Thank you.
Don’t let this one get away!! IT’S ALMOST FINISHED 🙂 Call us today!!