Property will need a new septic system. Due to soil conditions it will most likely have to be above ground. This 3 bed & 3 full bath home offers a unique investment opportunity for those looking to flip a fixer-upper or add to their rental portfolio. Despite being affected by a hurricane with the flooding of the left side of the property 5 years ago. This property was updated before the flood and mainly needs structural work to be brought back to life. It has the potential to be a great investment with the right renovations. Whether you're looking to flip for profit or rent for passive income to students at the local university, the property has the potential to deliver a strong return on investment. This property is being sold as-is with the buyer interested in cash offers. Property is not in a flood zone was just effected from hurricane Matthew. Bring Offers!
Sold for $29,000 on 03/08/23
$29,000
1078 Old Smith Chapel Rd, Mount Olive, NC 28365
3beds
1,449sqft
Single Family Residence, Residential
Built in 1948
0.32 Acres Lot
$211,800 Zestimate®
$20/sqft
$1,651 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 17, 2025 at 06:31pm
Listed by:
Christian J Jacobsen 919-794-1051,
Sewell Realty Group
Bought with:
Lesly Penick, 317718
JA REALTY & CONSULTING LLC
Source: Doorify MLS,MLS#: 2493090

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Hardwood
- Basement: Crawl Space
- Number of fireplaces: 1
Interior area
- Total structure area: 1,449
- Total interior livable area: 1,449 sqft
- Finished area above ground: 1,449
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, Gravel, Unpaved
Features
- Levels: One
- Has view: Yes
Lot
- Size: 0.32 Acres
Details
- Parcel number: 2562872661
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch, Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1948
Community & neighborhood
Location
- Region: Mount Olive
- Subdivision: Not in a Subdivision
HOA & financial
HOA
- Has HOA: No