This 3-bedroom, 1-bathroom single-family home offers 1,000 sq ft of living space and sits on a large 9,583 sq ft corner lot in one of East Raleigh’s most sought-after neighborhoods. Built in 1958 with solid brick c...
This 3-bedroom, 1-bathroom single-family home offers 1,000 sq ft of living space and sits on a large 9,583 sq ft corner lot in one of East Raleigh’s most sought-after neighborhoods. Built in 1958 with solid brick construction, this property offers a fantastic opportunity for investors to renovate, expand, and capitalize on an area with recent comps reaching over $1 million. Whether you're looking for a profitable flip or a buy-and-hold with appreciation upside, this one checks the boxes.
Vacant – ready for renovations Public utilities High-end flips nearby Minutes to downtown Raleigh
Highlights:
Oversized lot w/ expansion potential
Prime East Raleigh location with strong demand
Solid brick home with great bones
High resale comps with added square footage
Clean title – ready for fast closing
Solid Foundation for Profit:
This is NOT just another flip – it’s your shot at unlocking major equity through expansion or a high-end cosmetic remodel. Brick structure, prime location, and booming neighborhood values give this the edge.
Call or Text Omar at (404) 850‑4232
DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Additional details
Type
Single-Family
Parking
On street
Built in
1958
Lot size
0.22 acres
Price$575,000
ARV
$900,000
Gross margin
$325,000
Deals nearby
$279,990
(ARV -
$375,000)
3 Beds
2 Baths
1387 sq.ft
$274,990
(ARV -
$395,000)
3 Beds
2 Baths
1134 sq.ft
$274,990
(ARV -
$395,000)
3 Beds
1 Baths
1200 sq.ft
$215,000
(ARV -
$300,000)
3 Beds
1 Baths
1050 sq.ft
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