$185,000
$185,000
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5 Beds
3 Baths
1,704 SqFt
SOLD DATE : 08/28/2024
Key Details
Sold Price $185,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,704 sqft
Price per Sqft $108
Subdivision Fairlawn
MLS Listing ID 100457071
Sold Date 08/28/24
Style Wood Frame
Bedrooms 5
Full Baths 2
Half Baths 1
HOA Y/N No
Originating Board North Carolina Regional MLS
Year Built 1974
Annual Tax Amount $1,412
Lot Size 0.459 Acres
Acres 0.46
Lot Dimensions 100x200x100x200
Property Description
Great opportunity for an experienced investor or contractor! This home has sustained fire damage, but after a complete rehab it will be an investment that offers some good equity. R10 lot is almost half an acre, which allows for a detached garage and ADU which could further increase investment potential!
With a $120K reno budget, the house could be brought back to its original glory. Home needs: Re wired, new sheet rock, new insulation, new plumbing, new windows and roof, new siding and all new cosmetic features. Several rafters and roof trusses are damaged as well and will need replaced/repaired. This project will yield a good return for an investor looking for a moderate to bigger sized project. NO ENTRY UNTILL HOLD HARMLESS AGREEMENT IS SIGNED. Cash/Hard money only due to condition.
Location
State NC
County New Hanover
Community Fairlawn
Zoning R-10
Direction N Kerr to Fairlawn Ave to house on right.
Location Details Mainland
Rooms
Basement Crawl Space
Primary Bedroom Level Primary Living Area
Interior
Interior Features None
Heating Electric, None
Cooling None
Fireplaces Type None
Fireplace No
Exterior
Garage Attached
Garage Spaces 1.0
Waterfront No
Roof Type See Remarks
Porch Porch
Parking Type Attached
Building
Lot Description See Remarks
Story 2
Sewer Municipal Sewer
Water Municipal Water
New Construction No
Others
Tax ID R04910-001-005-000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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