China Grove Rental or Rehab + New Construction Opportunity Pending

  • $155,000
  • 2 beds
  • 1 baths
  • 1120 sqft

1185 Flat Rock Rd.
China Grove, NC 28023
$155,000

Link to Pictures Here

  • All cinderblock home
  • On well and septic.  Well pump installed in 2021.
  • Large front and back yard
  • 1.5 acre property that borders a small creek
  • Property borders Landis Elementary School
  • Original hardwoods throughout
  • Double pane vinyl windows are 3 years old
  • Foundation is rock solid

Link to Pictures Here

  • Potential to create another bedroom with the addition of a wall
  • Potential to create a small studio apartment in the basement area, or convert that to extra living space for the house.
  • This house sits on a large lot.  There is potential to subdivide and build another home that would overlook the creek at the back of the property.
  • Electrical looks to have a newer breaker box and is a mix of grounded wiring and ungrounded duplex wiring
  • Plumbing looks to be updated with Pex
  • According to owner, roof shingles were replaced 5 years ago
  • Currently no Central HVAC
  • ARV of $250,000 to $350,000, depending on upgrades made
  • Area rents of $1250-$1400, depending on upgrades made.  If adding a studio, it would rent for $700+

This home is vacant and on a lockbox.  Please call/text Justin at 910-616-2378 for access.  Do not go on the property without prior permission.

Price:
$155,000
Address:
1185 Flat Rock Rd.
China Grove, NC 28023
Square Feet:
1120
Lot Size:
1.59
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1950
Basement:
Unfinished
Const. Type:
Cinderblock/Stick Built

Call (910) 616-2378 for more details

Property Location