Off Market Wholesale Fixer Upper in Burlington Close to I85-40 For Sale

Off-market 2 bed 1 bath Single Family Fixer-Upper available for assignment of contract. Property needs full rehab. Tons of upside for flip, Airbnb, rental, development!

Located in fast-growing Burlington NC, close to major highways, 30 mins to downtown Greensboro, and just 35 minutes to ever-expanding Raleigh-Durham!

Make it your own and start cash-flowing in no time!

================================================================

DETAILS:

Address: 601 E Morehead St., Burlington, NC 27215

Single Family home: 2 beds/1 bath / 1,072 Sq ft / 0.155 Acres

Occupancy: Vacant and easy to show

Year Built: 1930

Price:  $55,000

Estimated Repairs: TBD by investor

ARV: $225,000 (As 3 bed 2 bath)

Showing: Must Call or Email to Schedule a Walkthrough 

================================================================

PICTURES:

Link to pictures: 601 E Morehead St.

https://www.dropbox.com/scl/fi/5ur7yim80r0mrjkh2lnu7/Video-Sep-06-2023-12-50-31-PM.mov?rlkey=eacxixxg25xfqjr39n09x88vb&dl=0

================================================================ 

ARV COMPS:

• 702 Arden St Burlington, NC 3/2 1,172SF sold for $238K
• 1723 Belmont St, Burlington, NC, 3 bed 1 bath, Sold for $215K
• 2133 Roger St Burlington, NC, 3 bed 1 bath, Sold for $217K

AS-IS COMPS:

• 508 Miller St, Burlington, NC, 2/1, 998SF, Sold for $95K
• 623 Cameron St Burlington, NC 2/1 1,200SF sold for $60K

We encourage you to do your own due diligence, as your budget/estimates may differ from ours!

================================================================

FOR MORE INFORMATION  OR TO MAKE AN OFFER:

CALL Polite Properties at 336-396-8713 or EMAIL Info@politeproperties.com

================================================================

FOR MORE OFF-MARKET WHOLESALE DEALS:

Sign up for our VIP Cash Buyers list at www.reicashbuyer.com

===========================================================================

BIDS & OFFERS:

If you prefer not to bid against other investors, offers may be accepted before the showing date. If accepted, the contract will be assigned and a private walkthrough will be scheduled.

We are selling our assignable purchase agreement on this property.

A $3,000 non-refundable deposit is required upon acceptance of the offer. Call to schedule a showing. Do not show up to the property without an appointment.

===========================================================================

DISCLAIMER:

Please do your own due diligence. House is being sold as-is, and the buyer is to pay all closing costs. Price is based on a cash or hard money offer.

All properties offered are either owned by Polite Property Investments LLC, under contract and selling equitable interest, or offered in conjunction with a business associate.

All offers on properties require a $3,000 non-refundable earnest deposit and a 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 the 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.