Wake County, Raleigh, NC 27610

RALEIGH COLONIAL | FLIP OR RENTAL OPPORTUNITY ASK: $245,000 | BUY NOW: $255,000 ESTIMATED ARV: $330,000–$345,000 | ESTIMATED REHAB: $26,000 ESTIMATED RENT: $1,900–$2,150 / MONTH THE OPPORTUNITY: A Waterford Landing Colonial with two investment paths: renovate for resale or refresh and hold as a rental. Classic curb appeal, a welcoming front porch, rear deck and yard give this home features to highlight after the updates. PROPERTY: 3 bedrooms | 2.5 bathrooms | Approximately 1,640 SF | Built in 1995 | Approximately 0.19-acre lot (8,276 SF). Two-story single-family home with room to refresh inside and out. VALUE-ADD: Roof and cosmetic updates, including paint and floors, with an estimated $26,000 renovation budget. Explore the resale potential at an estimated $330K–$345K ARV, or renovate and hold with estimated monthly rent of $1,900–$2,150. TERMS: Cash / hard money. Minimum EMD: $5,000. Target closing: November 9, 2026. Remaining terms subject to the final buyer agreement. Buyer to verify property details, renovation scope, value and rental projections. Estimates are not guaranteed; access subject to confirmation.