7105 Park Ln, Charlotte, NC 28214

Estimated ARV: $115,000-$125,000 Market Rent: $875-$1050 Median Estimated Repairs: $8,000 CAP Rate: 10% All-In Cost to Value: 70% DO NOT TRESPASS. SHOWN BY APPOINTMENT ONLY. All brick 2/2 in Pawtuckett area of Charlotte. With 1562 Sq. Ft. and a covered back porch that sits on the foundation, there's plenty of room to convert this solid house into a 3 bedroom and even add a little square footage if you wanted to. This house sits on the end of a dead end street, surrounded by other similarly gorgeous brick homes, and overlooks the athletic fields of West Meck High School. 5 year old hardwoods throughout, new tile floor in the bath and kitchen areas, and a new tile surround in the hall bathroom shower/tub. All appliances convey. Exterior features a half acre lot with a fenced in back yard, an 8' x 12' storage shed, and an attached carport with additional storage space. New furnace and HWH within the last year. Roof is 10 years old and in great shape. Solid foundation. Rehab costs are dependent on Buyer's discretion. We estimate $5,000 for the bare minimum to $18,000 for a full update to flip. Aside from adding a 3rd bedroom, if Buyer chooses to do so, this home needs no major repairs. Cosmetic updates in the kitchen and bathrooms would be needed to increase rent or flip the property. All information herein and where provided is considered accurate to the best of Author's knowledge at time of publishing, but may be incomplete/incorrect. Author does not warranty or guarantee any information provided. It is Buyer's responsibility to perform all necessary due diligence and consult with the appropriate legal/financial counsel. Author is not acting as legal/financial counsel, and does not represent the Buyer or Seller of this property in any way. This property is a wholesale investment property. Author and/or Author's company are a principle in the transaction.