Investor Off-Market Opportunity in High Point!!!
Great off-market investor opportunity in High Point!!! 2 bed/ 1 bath single story home built in 1945 containing 1,226 sq ft. Located centrally in High Point in an area experiencing a reawakening with quick access to the Greenway, parks, High Point University and walking distance to breweries, restaurants and shopping. This property is an ideal fixer upper for an investor looking for their next flip or rental. Property does need full renovations which is why it is being offered at 40-42% ARV. Because of square footage, property could easily be converted to a 3bed/2ba. Property has a large 20′ X 12′ detached garage/shop at the rear of the property. Fair Market Rent in Guilford County, NC HUD Metro FMR Area for a 2-Bedroom rental is $952/mo, for a 3-bedroom rental is $1243/mo.
Estimated ARV: 2bed/1bath – $155,000
Estimated ARV: 3bed/2bath – $170,000
Comparable Sale:
523 Guilford Avenue High Point NC 27262- 2bd/1ba single story w/1018sqft built 1930
SOLD $155,000 4/1/2022
1217 Delk Drive High Point NC 27262- 3bd/2ba single story w/1252 sqft built 1950
SOLD $172,000 9/22/2021
Asking $62,500. Close 2 weeks or less. Serious Inquires Only! This is an AS-IS CASH ONLY sale! $2500 non-refundable deposit required to enter into contract.
***AGENTS WELCOME- ADD YOUR FEE TO THE TOP OF ASKING PRICE***
***if you are interested in this property, please reach out to us directly***
ZERO UNAPPROVED RE-MARKETING WILL BE TOLERATED.
