🏠 2 Properties in North Carolina

January 07, 2025

🏡 Investment Opportunity in Kinston, NC! 🏡

📍 Address: 1006 Clifton Ter, Kinston, NC 28501
Asking Price: $95,000
After Repair Value (ARV): $245,000 up to $265k depending on finishes
Bedrooms: 4
Bathrooms: 3
Living Area: 1,877 sqft
Lot Size: 0.38 acres
Bonus: Barn in the backyard

Scope of work:

  • Smoke Damage: Back room requires full remediation, including roof and wall structure repairs, flooring and new sheetrock installation. The rest of the house can be updated with paint and updates throughout.

Why Invest?

  • Below Market Price: With an asking price of just $95,000, this property is well under the Maximum Allowable Offer (MAO).

  • Equity Opportunity: After an estimated $50k-60k in rehab, this property could deliver significant returns.

  • Comparable Value: Fully rehabbed homes like 2902 Pinehurst Dr, a similar property nearby, are listed for $289,900.

Key Stats:

  • Profit Margin Potential: This property offers excellent profit potential after a full rehab.

  • Growing Area: Kinston has shown strong appreciation rates and offers a great opportunity for both flippers and investors.

🏠 Historic Investment Opportunity! 🏠

🏡 405 W Greene St, Snow Hill, NC 28580
 💵 Asking Price: $145,000
💰 ARV: $400,000
 📏 Main House: 2,256 sqft | 5 Bed, 2 Bath
 📏 Guest House: 802 sqft | 1 Bed, 1 Bath
 📐 Lot Size: 0.61 Acres
 💼 EMD: $5,000

🔑 Key Features:

  • Built in 1938 – Full of character and historic charm!

  • Two-Story Main House – Spacious layout, perfect for renovation.

  • Guest House with Garage – Currently a 1 Bed, 1 Bath, but with the right upgrades, it could become a 3 Bed, 2 Bath for extra income potential!

  • Solid Foundations – A great canvas for your rehab vision.

  • Located in a desirable neighborhood – Great for families or rental demand.

⚒️ Needs:

  • Both structures require extensive interior and exterior rehab.

  • A true fixer-upper with massive upside for the right investor.

💡 Why Invest?
With the potential to turn this into a stunning home and an income-producing guest house, this property is a dream project for seasoned investors or ambitious flippers. The ARV is too good to pass up—secure this deal today!

$5,000 Non Refundable Deposit if offer is accepted.

For more information and offers: [email protected] or call/text Mike 215.892.6205

DISCLAIMER:This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.