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1103 Quail St | Elizabethtown NC | 7226950348

Dan Buys Houses, LLC

This listing was posted on Dan Buys Houses, LLC (via Real Estate Promo).

$87,500

Flip With Added Value of Commercial Building On Lot

Price:
$87,500
BR/BA:
4 BR, 2 BA
Location:
1103 Quail St, Elizabethtown, NC
Description:

Conveniently Located Flip or Rental OpportunityFlip or rental opportunity in Elizabethtown with good comps. Brick property, 3 beds, 2 full baths, 1,568 sqft. The unique aspect to this deal is that the lot is just under an acre and has a second building that had been used as a church. This building could be rented out or otherwise used to bring value on top of the strong numbers for the primary residence. It appears that this building is zoned commercial but please do your own due diligence; we make no claim to zoning. The residence needs a FULL renovation to include structural work on the floors and side wall. There is room to make this property cash flow or sell but it will require an experienced investor.3 Beds/2 Bath/1,568 sqft (from tax- not measured)Second building is 1,173 sqftTwo story dwelling with brick exteriorCity water/septicHVAC needs replacedRoof needs replacedStructural issues presentOwner has materials inside but is not living here, free to close any timeOur partner company, The Junk Hunters (www.thejunkhunters.com) is happy to assist with junk out if desired. JH will provide labor and materials for junk out as well as a 20% discount for buyer of property. This is an offer but not a requirement of purchase.Contact for access.As always, YOU ARE RESPONSIBLE FOR YOUR OWN DUE DILLIGENCE.Pictures/Video: https://www.dropbox.com/scl/fo/aed5d0yf730wddl3w6zfj/h?rlkey=n9vaijq0epblxmod91mnpyw8d&dl=0ARV: $330,000+ ($230,000 house, $100,000+ retail building)Market Rent: $2,200/month ($1,200 house, $1,000 retail)Asking Price: $87,500*Deposit: $2,500*Agents please add your fee above asking price.*Sight unseen offers and offers from prior partners will receive priority.For additional information or to view this property please contact:Dan DeLeo919-538-XXXXXXXX@fivelionsnc.comDisclaimer: We are not realtors and are not acting as such; please complete your own due diligence prior to submitting an offer. This contract is being offered for assignment; this has been communicated to the Seller and the contract has been certified with the Register of Deeds. Any attempt to usurp, re-market or re-brand this agreement will be viewed as hostile and will be prosecuted as such resulting in immediate legal action.
Property Type:
Commercial & Office Space for Sale
Sq feet:
1,568 sq. ft.
For sale by:
By Owner
Agent Name:
Dan Buys Houses, LLC
Posted:
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More About this Listing: Flip With Added Value of Commercial Building On Lot
Flip With Added Value of Commercial Building On Lot is a Four Bedroom Two Bath Commercial Real Estate for Sale at 1103 Quail St in Elizabethtown NC. Find other listings like Flip With Added Value of Commercial Building On Lot and listings near 1103 Quail St by searching Oodle Classifieds for Four Bedroom Two Bath Commercial Real Estate for Sale in Elizabethtown NC.