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🔥 Goldsboro, NC. Move-in / rent-ready single family. 2 bed / 1 bath. 896 sq ft. Updated HVAC (2020) and newer roof (2017-2018). Renovated comp sold at $180K — priced at $89K. That’s $91K below the renovated value and $10K below comparable as-is sales. 🤝
💰 Asking: $89,000 | Renovated Comp: $180,000 | 🔥 Spread: ~$91,000
| Type | Single Family Residence |
| Bedrooms / Baths | 2 bed / 1 bath |
| Living Area | 896 sq ft |
| Year Built | 1958 |
| Lot Size | 0.20 acres |
| Utilities | City Water & City Sewer + Duke Energy |
| Occupancy at Closing | ✅ VACANT NOW |
| Closing Date | June 3, 2026 |
| Closing Attorney | Atlas Orange |
Condition Notes
This property is move-in and rent-ready as-is. ✅ Roof replaced in 2017-2018. ✅ HVAC updated in 2020 — both cooling and heating. City water, city sewer, and Duke Energy are all in place. No deferred maintenance has been disclosed. This is a true plug-in landlord deal with no work needed before placing a tenant.
Comparable Sales
| Address | Sq Ft | Sale Price | Price/Sq Ft | Notes |
|---|---|---|---|---|
| 505 Stadium Dr | 1,091 | $180,000 | $165/sq ft | Sold Dec 2025 — renovated |
| 901 S Andrews Ave | 821 | $115,000 | $140/sq ft | Sold Jan 2026 — as-is |
| 206 Herbert St | 1,040 | $96,000 | $92/sq ft | Sold Mar 2026 — as-is |
| 212 Bunche Dr | 1,047 | $85,000 | $81/sq ft | Prior as-is sale — now relisted at $199K |
| As-Is Comp Average (sold) | ~987 | ~$99,000 | ~$104/sq ft | |
| 🏷️ Our Price | 896 | $89,000 | $99/sq ft | |
| 💸 Your Spread (vs renovated) | ~$91,000 | |||
| 💸 Below As-Is Comps | ~$10,000 |
505 Stadium Dr is a renovated sale used as the upside benchmark. As-is average calculated from 901 S Andrews, 206 Herbert, and 212 Bunche prior sold prices. 212 Bunche current list price of $199K is active and excluded from averages.
💡 Value Callout
At $89K you are buying in $10K below where comparable as-is properties have actually sold. The bigger number is the $91K gap between your entry and the renovated comp at $180K — the ceiling this market supports after work. This property needs no work. Roof and HVAC are already updated. A conservative $1,100/mo rent puts your gross yield at 14.8% on day one. 212 Bunche sold as-is for $85K and the current owner just listed it for $199K — this market rewards buyers who move fast on clean inventory.
⚠️ 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
- 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.