Great Neighborhood, great opportunity

104 Pineview St, Havelock, NC 28532

$115,000 After Repair Value -
$40,000 Asking Price -
$12,000 Cost of Repairs =
$63,000 Potential Profit

Property Details

Asking Price $40,000

After Repair Value $115,000

Costs of Repairs $12,000

Potential Profit $63,000

Living Area 1656 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms N/A

Parking 1

Listed with Agent 1

Property Description

Home is centrally located in the heart of Havelock, near shopping, entertainment, and a family park that is used for events several times a year. The home has suffered from a fire, which is a total loss, but the concrete foundation, and walls still stand. The home sits on a good sized lot , that also holds a good sized shed, that was unaffected by the fire. On either side of the home are homes currently pending, one is slightly smaller and older, that is being sold for 110k, and on the other side a brand new build from a cleared lot that s also pending for 152k . Come grab this opportunity while it is still available.

Repairs Needed

According to online research on angies list it should cost around 8-12k for the tear down of the home. I cannot estimate the cost of the rebuild since I do not know what type of home the buyer would want to build.

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