Cash Buyer Needed for Wholesale Deal .

303 Jones St, New Bern, NC 28562

$117,000 After Repair Value -
$29,000 Asking Price -
$40,000 Cost of Repairs =
$48,000 Potential Profit

Property Details

Asking Price $29,000

After Repair Value $117,000

Costs of Repairs $40,000

Potential Profit $48,000

Living Area 1,695 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 2

Half Bathrooms N/A

Parking 0

Listed with Agent 0

EPI (Estimated Potential Income)

Potential Rental Income $1,127

Yearly Expenses N/A

Property Taxes $687

Net Operating Income N/A

Cap Rate N/A

Property Description

Home is a brick 3 bed, plus bonus, with 2 baths on good sized corner lot. It is just two or three blocks away from the historical site Tryon Palace, and local shopping along cobblestone streets. The home was the home, and place of business for the local doctor during the 1950\'s. Would make a nice buy and hold, or fix and flip.

Repairs Needed

It needs roof repairs, new kitchen, and bathrooms. painting, and some windows and interior doors. Post hurricane a crack in the brick has been seen on the exterior and the corresponding interior wall. .


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