3 bedroom 1 bath 1,150 SqFt brick ranch home available for assignment in quiet West Burlington neighborhood near Elon line. Hidden gem. Ideal for fix & flip, potential for Executive or Short Term Rental/Airbnb. Sitting on 1.43 acre lot. Needs updating. Sits on large lot in desirable location.
Opportunity for owner-occupied investor buyer to build tremendous sweat equity.
Address: 827 Loop Rd., Burlington, NC. 27217
ARV: $200,000 – $220,000
Estimated Repairs needed: Cosmetics, TBD by investor
Market rent: $1000 – $1300
Airbnb rent: $4500
Occupancy: Property will be delivered vacant.
*Please Call Polite Properties 336-296-8713 or email us at Info@politeproperties.com.
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*If you prefer not to bid against other investors, offers may be accepted before showing date. If accepted, contract will be assigned and a private walkthrough will be scheduled.
Disclaimer: Please do your own due diligence. House is being sold as-is, and the buyer is to pay all closing costs. Price based on a cash or hard money offer. All properties offered are either owned by Polite Property Investments LLC, or under contract and selling equitable interest, or offered in conjunction with a business associate. All offers on properties require a $2,500 non-refundable earnest deposit and 10 day close of escrow. No waiting for a response. We respond immediately to an offer. Equal Opportunity Housing. If You or Your entity do ANYTHING to jeopardize the contract between Polite Property Investments LLC and seller of the property, including but not limited to marketing the property without authorization, putting the property on craigslist, or going to the property without permission YOU or Your ENTITY WILL BE HELD PERSONALLY RESPONSIBLE FOR DAMAGES OF TOTAL PROJECTED PROFIT MARGINS.
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