🔥 1015 West Ave, Eden, NC 27288. Single-family, 2 bed / 1 bath, 1,092 sq ft on a third of an acre. Sold comps averaging ~$161K — priced at $60K. That’s ~$101K below market, as-is. Major rehab play with serious upside for the right buyer. 🤝
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Why Eden? Eden sits at the heart of Rockingham County with a stable blue-collar workforce, low cost of living, and housing demand that consistently outpaces supply at the lower price points. With median sold prices in the $160–$175K range and a steady stream of investors and owner-occupant buyers competing for renovated product, the exit strategy here is clear: buy deep, rehab smart, sell into a hungry market. The numbers in this zip code reward buyers who know how to work with a gut job.
💰 Asking: $60,000 | Comp Average: ~$161,000 | 🔥 Spread: ~$101,000
| Type | Single Family Residence |
| Bedrooms / Baths | 2 bed / 1 bath |
| Living Area | 1,092 sq ft |
| Year Built | 1925 |
| Lot Size | 0.33 acres |
| Utilities | City Water & Sewer |
| Occupancy at Closing | ✅ Vacant at closing |
| Closing Date | May 22, 2026 |
| Closing Attorney | Atlas Orange |
🚨 CONDITION WARNING — MAJOR STRUCTURAL & SYSTEMS ISSUES
This property requires significant rehabilitation. Visible cracks have been noted in the foundation and the roof requires a full replacement. Obvious water damage is present on the exterior siding. Buyers should factor full structural, roofing, and siding scopes into their due diligence and budget accordingly. Price is set to reflect the condition.
| Address | Sq Ft | Sale Price | Price/Sq Ft | Notes |
|---|---|---|---|---|
| 1120 Manning St | 1,167 | $175,000 | $150/sq ft | Sold Aug 2025 |
| 1135 Manning St | 986 | $160,000 | $162/sq ft | Sold Jun 2024 |
| 639 Patterson St | 900 | $147,000 | $163/sq ft | Sold Jul 2024 |
| Comp Average (sold) | ~1,018 | ~$161,000 | ~$158/sq ft | |
| 🏷️ Our Price | 1,092 | $60,000 | $55/sq ft | |
| 💸 Your Spread | ~$101,000 |
💡 At $55/sq ft you’re entering a neighborhood where sold comps are clearing at $150–$163/sq ft. Even after a full rehab budget — foundation work, new roof, siding, and interior — there’s substantial margin to work with. The ~$101K spread against sold comps gives experienced rehabbers real room to operate. This one is priced for the contractor buyer who knows what they’re looking at.
⚠️ DISCLAIMER — Please Read Before Submitting an Offer
📋 Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and do not represent the owner.
🚫 Do not contact the Seller directly. Any attempt to contact, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed without our explicit written consent and execution of a joint venture agreement.
🔍 Due Diligence
Buyers are responsible for their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
💰 Offer & Deposit Terms
- $5,000 non-refundable deposit due within 24 hours of signing
- Closing no longer than 30 calendar days
- Buyer pays all closing costs — not included in asking price
- Taxes prorated and split between parties
- $495 transaction fee payable to Bright Home Offer LLC
- Closing through our closing attorney
🏚️ As-Is Terms
Property is offered as-is, where-is, no warranties. By submitting an offer you accept these terms.
- ❌ No repairs or improvements prior to closing
- ❌ No clean-out or clean-up of any kind
- ❌ Property will not be broom clean at closing
🤝 Realtors & Wholesalers
The wholesale price does not include your commission or fee. You may either negotiate your fee directly with your client or adjust the wholesale price upward to account for it. If you’d like to be compensated by us, include those terms in your offer or reach out before submitting.