Off-Market Wholesale Brick Ranch Near Reidsville NC For Sale

Off-market 3BR/1BA brick ranch in idyllic Ruffin, NC. Located on a quiet side street I the country. Perfect for a fix+flip or rental. 12 minutes to Reidsville NC. Minutes to Highway 29, Greensboro. Super solid brick home. Interior needs TLC. Value Add potential to add 2nd full bath to make 3 bed /2 bath or 4/2. Roof was replaced within past 3 years. On well and septic. Well bladder replaced 2022.

*Bonus: Main floor has 1,400SF of living space plus a full basement with high ceilings, potentially doubling the square footage to 2800SF.

Address: 145 Smith Rd, Ruffin, NC 27236

3 Bed/1 Bath, 1,400SF

Year built: 1977

Occupancy: Tenant occupied, month-to-month lease

Price: $94,997

Estimated repairs: $70,000

After Repair Value: $230,000

Sold Comps:

391 Cannon Rd, Ruffin NC, 3 bed 2 baths, 1,296SF, flipped for $229,000, 67 Days of market

151 Brevard Dr, Reidsville, NC, 3/2 1,260SF bought for $95K 5/14/2024 and flipped for $222,500 9/4/2024

150 Smith Rd, Ruffin NC, 3 bed 1 bath only 960SF, rent ready condition, sold for $140K 12/1/2023, Sold price/SF = $145/SF, adjusting for sold price/SF at end of 2023, $145/SF x 1,400SF = $204,000 ARV

205 Thompson Heights Rd, Reidsville NC, 3/1 1025SF flip sold for $179,400 ($175/SF), adjusting for size, $175/SF x 1,400SF = $245,000 ARV

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FOR MORE INFORMATION CALL TO MAKE AN OFFER:

CALL Polite Properties at  877-359-1923 or EMAIL Dedric@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. $2,000 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 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.