Flip In Kinston

$65,000 • 3 Beds / 1 Baths • 1,218 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1954
  • 1218

Description

Overview

This home is a great INVESTMENT OPPORTUNITY! Rehab has started but renovations are not finished. Has a total roof replacement with 30-year architectural shingles. Had new sheetrock, updated wiring, and a new electrical box put in BEFORE IT FLOODED. This home is in a flood zone and has been flooded previously.


Transaction Details

  • Walkthrough Date:  ANY
  • Closing Date: 4/15/2025
  • Occupancy: Vacant
  • Access instructions: Lockbox
  • Title company: TBD
  • Earnest money required: $5000
  • Proof of funds required: Yes


Property Condition

  • Roof: Age/Condition New 2022
  • HVAC: Age/Condition Unknown
  • Plumbing: Age/Condition Unknown
  • Electrical: Age/Condition Unknown
  • Foundation: Age/Condition Unknown
  • Interior: Poor from flood.


Comparable Properties

  1. 409 Duggins Drive, Kinston, NC 28501 - $180,000 | 3/2 bed/bath | 4/2024
  2. 1103 E Caswell Street, Kinston, NC 28501 - $142,000: | 3/2 bed/bath | 6/2024


Next Steps

  • Contact us if you need more information
  • Schedule a property walkthrough
  • Make an offer directly on this page
  • Submit proof of funds
  • Sign assignment agreement


Disclaimers

IMPORTANT: This listing represents an assignment of a purchase contract, not a direct property sale. The advertised price includes the original contract price plus an assignment fee. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.

Time-sensitive opportunity - this contract is being offered to multiple investors.

Estimated Spread

  • ARV $180,000
  • Price $59,995
  • Spread $120,005

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