🔥 Wilmington. Brick Ranch. 1,400+ sq ft. Flipped comps at $272K–$290K. Vacant and ready. All offers welcome — let’s make a deal! 🤝
📸 👉 CLICK HERE FOR FULL PHOTO ALBUM 👈
🏠 Property Details
| Type | Single Family Home — Brick Ranch |
| Bedrooms / Baths | 1 bed / 1 bath |
| Living Area | 1,436 sq ft |
| Year Built | 1912 |
| Lot Size | 0.11 acres |
| Utilities | City Water & Sewer + Duke Energy |
| Occupancy at Closing | ✅ VACANT |
| Closing Date | March 19, 2026 |
| Closing Attorney | Atlas Orange |
🔧 Condition Notes
- ✅ Roof — Approximately 7 years old. Minor leak was repaired 3–4 years ago.
- ⚠️ HVAC — Unit is functional. Copper was stolen from the system and will need to be replaced.
📊 Comparable Sales
| Address | Type | Sale Price |
|---|---|---|
| 510 Queen St, Wilmington | 🔥 Pending | $799,000 |
| 506 S 17th St, Wilmington | 🔨 Flipped | $290,000 |
| 1112 S 10th St, Wilmington | 🔨 Flipped | $272,000 |
| 1208 S 9th St, Wilmington | 🏚️ As-Is | $181,000 |
| 1209 S 7th St, Wilmington | 🏚️ As-Is | $165,000 |
| 1415 Glenn St, Wilmington | 🏚️ As-Is | $162,000 |
| Flipped Comp Average | ~$281,000 | |
| As-Is Comp Average | ~$169,000 |
⚠️ 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.