Brick Ranch House 2 bedroom 1/2 acre for sale in Newport, North Carolina

$65,000

Property data: 
Tax Assessed Value/ARV 85K
Repair cost needed 4K
Neighborhood home values 100K
Rental Value $750/ month
No Rent to Own. It must be straight sale. 
The house needs new heat pump and new hot water tank in order to meet building code. It can not be lived in at this time according to the building inspector. 
2 Bedroom Brick ranch style house for sale in Newport, NC on one half acre of land. The assessed value is $85,000. 
New roof just put on. There are small repairs inside. New heat pump Then the building inspector has to look at it to meet building code and issue an occupancy permit. 
Its located in a quiet neighborhood with no crime. Its not far from the ocean and beaches, Morehead city, and the Croatan state forest. 
It presently has new toilet and vanity. Has real wood kitchen cabinets. It has a drilled well and a new water softening system. Has a flat top stove and a side by side fridge.
Most homes like this one in the neighborhood are assessed around 100K.
Its a 12 minute drive to the ocean and 5 minutes from croatan state forest. This is a great place for boating, hunting and fishing. Located at 574 Roberts road. Newport NC 
It rents out for $750 per month or $9000 per year. So it can also be a good rental investment property. 
Call Brandon by email


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