*2 Adjacent Vacant Lots* New Construction Opportunity! (Burlington NC, 27217)
Asking Price: $43,500
New Construction ARV >0.30 Lot: ~$275,000
New Construction ARV 0.20< Lot: ~$230,000
-2 Subdivided Parcels: 0.19 & 0.16 = 0.35 total acreage
- Ready to build Residential New Construction
- 2 Flat, Cleared & Maintained Vacant Lots
- Access to City Water & City Sewage
- Previous homes were demolished ~1950’s
- R-6 Zoning
- Taxes: $82 Annual each
NEW BUILD COMPS:
-1433 Knollwood Dr, SOLD 280k 4bd / 3ba 1,660 Sqft (lot: 0.37 ac)
-825 Day St, SOLD 270k 3bd / 2ba 1,481 Sqft (lot: 0.28 ac)
-631 Elmira St, SOLD 255k 3bd / 2ba 1,400 Sqft (lot: 0.27 ac)
-326 Sellars St, SOLD 250k 3bd / 2ba 1,450 Sqft (lot: 0.37 ac)
-439 Fulton St, SOLD 230k 3bd / 2ba 1,024 Sqft (lot: 0.12 ac)
Click here to Submit Offer>> Offer Link
Looking for a CASH transaction. This is an assignment of contract and a non-refundable deposit is required in order to lock up the deal.
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Submitting your offer
Please submit your Highest and best offer once all due diligence has been completed. The highest and best will be accepted based on speed of closing, convenience and price.
All offers must be cash, private lending or hard money only, with the ability to close within (21) days or less. Price is net to the seller, buyer pays all closing costs unless otherwise specified.
After the offer is accepted, the contract must be signed and EMD must be received within 24 hrs to the agency/office that is facilitating the closing. Minimum EMD amount for this property is $5,000. Earnest Money Deposit is Non-Refundable unless title cannot be cleared.
All properties in which the contract is assigned will be delivered fully insured with clear title from a reputable title company/attorney’s office and underwriter.
Basic Terms
For any offering, we either own the property or have equitable ownership interest with the ability to assign our contractual rights to the purchasing party. The buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. The opinion of value is given as a courtesy only as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property.
Wholesalers and Real Estate Agents
You may share this property with your buyers, however, please do not post this deal on any online platform without our consent. Wholesalers and Real Estate Agents, please add your fee and/or commission on top of our offering price when marketing to clients. To discuss further, please contact us.
Click here to Submit Offer>> Offer Link
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