🔥 OFF-MARKET WHOLESALE OPPORTUNITY – HISTORIC BURLINGTON 🔥 For Sale
- $164,995
- 4 beds
- 2 baths
- 1,728 sqft
🔥 OFF-MARKET WHOLESALE OPPORTUNITY – HISTORIC BURLINGTON 🔥
📍 614 Atwater St, Burlington, NC 27215
💰 Price: $164,995
📊 Zestimate: $257,600
🏡 Estimated ARV: ~$300,000
Market rent: $1700-1900
Located on a quiet side street in Burlington’s Historic District near Willowbrook Park and just 5 minutes from Elon University, this brick ranch offers strong upside for investors looking for a cosmetic flip, BRRRR, or rental hold opportunity.
🏠 Property Features:
✅ 4 Bedrooms / 2 Bathrooms
✅ 1,728 SF
✅ Solid brick construction
✅ Original hardwood floors
✅ Updated hallway bathroom
✅ Basement with tall ceilings — ideal for storage, workshop, or future finished space/laundry area
✅ 1-car garage
✅ Fenced backyard
✅ Roof replaced within the last 5–10 years
✅ Gas-fired boiler heat + heat pump & central AC
🔨 Rehab Scope (Cosmetic):
• Kitchen remodel
• Master bathroom remodel
• Sand & refinish hardwood floors
• Interior paint
• Replace light fixtures
• Replace windows
• Landscaping cleanup
This is primarily a cosmetic renovation with strong comparable sales supporting $300K+ resale values in the area.
📈 Nearby Comparable Sales:
• 118 Tarleton Ave — 3/2, 1,838 SF, built 1949 — SOLD for $270K AS-IS with no renovations
118 Tarleton Ave Comp
• 616 W Willowbrook Dr — 3/2, 1,725 SF — SOLD for $283K
616 W Willowbrook Dr Comp
• 1542 W Davis St — 3/2, 1,500 SF, built 1931 — SOLD for $245K
1542 W Davis St Comp
💡 With strong bones, a desirable location, and nearby comps supporting value, this deal has room for profit whether you’re flipping or holding long term.
📲 Serious cash buyers only.
Buyer responsible for their own due diligence and rehab verification.
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FOR MORE INFORMATION CALL TO MAKE AN OFFER:
CALL Polite Properties at +1 877-359-1923 or EMAIL 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.
We are selling our assignable purchase agreement on this property. $3,000 non-refundable deposit required upon acceptance of offer.
Call to schedule a showing. Do not show up to property without an appointment.
For More Info or to make offer call Polite Properties at +1 877-359-1923 or email info@politeproperties.com. For more off-market wholesale deals like this, sign up for our VIP Cash Buyers list at www.reicashbuyer.com.
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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 $2,000 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.
- Price:
- $164,995
- Address:
- 614 Atwater St
Burlington, , North Carolina 27215
- Square Feet:
- 1,728
- Lot Size:
- 7,100 sqft
- Bedrooms:
- 4
- Bathrooms:
- 2
- Terms:
- For Sale
- Property Type:
- Home
- Year Built:
- 1934
Call 877-359-1923 for more details
