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OVERVIEW
108 Patrick St, Goldsboro, NC 27530
At $135,000 ($77/sq ft), this 4-bed/3-bath is priced far below what comparable homes are trading for in this immediate Goldsboro submarket — sold comps in the same zip are averaging $123/sq ft, nearly 60% higher on a per-square-foot basis. The home will be vacant at closing, giving a buyer a clean, unencumbered start with no tenant timeline to navigate. Several nearby sales confirm strong demand in this corridor, with buyers drawn to proximity to Seymour Johnson AFB, UNC Health Wayne (Wayne Memorial), and downtown Goldsboro’s shopping and dining. With a roof and HVAC system both in the 5-10 year range and still fully operational, this is a value-add opportunity rather than a gut rehab.
Comp Avg (Sold): ~$227,400 (~$123/sq ft)
Rent Avg: ~$1,900/mo | Gross Yield at Asking: ~16.9%
DETAILS
Type: Single Family Home
Bedrooms / Baths: 4 bed / 3 bath
Living Area: 1,743 sq ft
Year Built: 1939
Lot Size: 0.20 acres (8,712 sq ft)
Utilities: City Water & Sewer
Occupancy at Closing: Vacant at closing
Closing Date: 09/09/2026
Closing Attorney: Atlas Orange
CONDITION
- Roof: 5–10 years old
- HVAC: Heating and cooling system, 5–10 years old, currently operational
- Fence will NOT convey — seller plans to remove it prior to closing
- Property sold as-is
COMPARABLE SALES
106 S Audubon Ave — 1,750 sq ft — $233,000 ($133/sq ft) — Sold 11/21/2025
1203 Park Ave B — 1,659 sq ft — $230,000 ($139/sq ft) — Sold 5/13/2026
1112 Park Ave — 1,839 sq ft — $223,000 ($121/sq ft) — Sold 5/14/2026
308 S Pineview Ave — 1,888 sq ft — $216,000 ($114/sq ft) — Sold 6/6/2025
300 S Andrews Ave — 2,137 sq ft — $235,000 ($110/sq ft) — Sold 5/29/2026
Comp Average: ~$227,400 (~$123/sq ft)
Our Price: $135,000 ($77/sq ft)
Your Spread: ~$92,400
Every sold comp on this list cleared $216K or higher, while this deal is priced at $135K — a $92,400 spread against the average and a $77/sq ft entry point in a submarket trading closer to $123/sq ft. The numbers support both an as-is flip resale and a strong buy-and-hold play, with a nearly 17% gross yield at asking price for a rental exit.
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 are not representing ourselves as such. We do not represent the owner.
Do not contact the Seller directly. Any attempt to contact the owner, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed under any circumstances without our explicit written consent and the execution of a joint venture agreement.
Due Diligence
Buyers are responsible for performing their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
Offer & Deposit Terms
A minimum $5,000 non-refundable deposit is required within 24 hours of signing to secure the deal. Closing will occur as quickly as possible, but no longer than 30 calendar days. Buyer pays all closing costs — closing costs are NOT included in the asking price. Taxes will be prorated and split between parties. A $495 transaction fee is payable to Bright Home Offer LLC. Closing will be conducted with our closing attorney.
As-Is Terms
This property is offered as-is, where-is, with no warranties. By submitting an offer, you are accepting these terms.
No repairs or improvements will be made prior to closing.
No clean-out or clean-up of any kind will be completed.
Property will not be broom clean at closing.
Realtors & Wholesalers
If you are working with a client and wish to receive a commission or fee, please note that the wholesale price does not include your compensation. You may either negotiate your commission/fee directly with your client, separate from the wholesale price, or adjust the wholesale price upward to include your fee. If you’d like to be compensated by us at or outside of closing, please reach out or include those terms in your offer.