Investment or Perfect Starter Home – 5 Beds 2 Baths Value-Added For Forced Appreciation!
Don't miss this solid investment opportunity in Kinston! This 1,350 sq. ft. farmhouse-style home is ready for its new owner. Whether you are looking for a cash-flowing rental or an affordable starter home, this property delivers immediate value with room to grow.
Key Features:
• Recent Updates: Fresh LVP flooring, new drywall and fresh interior paint, new cabinets, new countertop, new stainless steel fridge and stove, new recess lighting, new interior and exterior doors, new windows, replaced old electrical boxes, durable metal roof.
• Solid Bones: Classic 2-story structure with a spacious layout.
• Massive Potential: Currently a 3 Bed / 1 Bath, but the layout offers excellent potential to convert into a 5 Bed / 2 Bath to maximize rental income or resale value.
• Low Maintenance: Vinyl siding replaced in 2024 means less worry for you.
• Prime Location: Close to local amenities and schools, making it attractive for tenants.
Investment Highlights:
• Pro-Forma Rent: Estimated at $1,500 - $1,600/mo based on market rates.
• Strategy: Perfect for a first time buyer, investment Buy & Hold portfolio or a "Wholesale" flip.
Price: $94,900 (Priced to sell fast!)
Financing: Cash or Conventional Loan preferred