Wake County, Raleigh, NC 27603

Property Details: 3 Bedrooms / 1.5 Bathrooms, 1,124 Sq Ft, 0.80-Acre Unrestricted Lot, Built in 1958. This single-story home features central A/C, forced-air heat, a fireplace, screened porch, storage building, and a spacious yard with plenty of room for improvements. Recent comparable sales include: 2704 Stageline Dr – Sold for $335,0002801 Old Stagecoach Ln – Sold for $317,00010601 Fanny Brown Rd – Sold for $299,900 These recent sales support an ARV of approximately $320,000, with an adjusted value range of $304,000–$336,000. Asking Price: $225,000 Estimated Renovation Cost: $35,000 Total Investment: $260,000 Estimated ARV: $320,000 Projected Profit: $60,000 (23.1% ROI) 70% Rule Check (MAO): $189,000 ($320K × 70% − $35K rehab). While the asking price is above the traditional 70% MAO, the deal may still appeal to investors seeking a lower-risk renovation in a desirable Raleigh location with strong resale demand. CONTACT MIKEY FOR MORE INFO [contact details hidden] OCCUPIED – DO NOT DISTURB OCCUPANTS. SHOWINGS BY APPOINTMENT ONLY. VACANT AT CLOSING.