5236 Turf Grass Court, Raleigh, NC 27610 - Marti Hampton Real Estate

$250,000

Calling All Investors and Fix-and-Flip Enthusiasts - Prime Opportunity in Raleigh, NC! Welcome to 5236 Turf Grass Court, a property with incredible potential located in the desirable Village Lakes subdivision. This 3-bedroom, 2.5-bath home offers 1,350 square feet of living space on a 0.15-acre lot, just waiting for the… Read More right investor to bring it back to life. The opportunity here is undeniable. With comparable homes in the area selling for approximately $330,000, this property is priced to move at just $250,000. That's nearly $80,000 below market value, leaving plenty of room for updates and repairs to transform this home into a show-stopper. The layout is promising, with an open family room, a spacious layout ready for reimagining, and generously sized bedrooms upstairs. The backyard offers a blank canvas for outdoor upgrades, perfect for creating an inviting space for future owners or tenants. This property is ideal for cash buyers or those utilizing hard money loans, as traditional financing may not apply due to its current condition. Investors with vision will see the immense potential in restoring this home and reaping the rewards in one of Raleigh's sought-after neighborhoods. This home is located in the highly sought-after Village Lakes subdivision, a well-established neighborhood that blends suburban charm with modern convenience. Known for its tranquil streets, mature trees, and welcoming community vibe, Village Lakes is a perfect setting for families, professionals, and investors alike. The neighborhood offers residents access to fantastic amenities, including a community tennis court, a serene lake, and nearby walking trails that are perfect for outdoor enthusiasts. Village Lakes is also conveniently situated just minutes from major highways like I-540 and US-64, providing easy access to downtown Raleigh, Research Triangle Park, and surrounding areas. In addition to its prime location, the area is surrounded by great shopping, dining, and entertainment options. Nearby attractions include the Triangle Town Center, local parks, and recreational facilities, as well as top-rated Wake County schools, making this community highly desirable for families. Seize this chance to breathe new life into a home with solid bones and high resale potential. Don't miss this rare investment opportunity—schedule your private showing today and envision the possibilities! Read Less

Courtesy of Insight Residential Realty LLC, George Roa, 919-375-4532.

Listing Snapshot

Days Online

Last Updated

Dec 26, 2024

Property Type

Single Family Residence

Beds

Full Baths

Partial Baths

Square Ft.

1,350

Lot Size

0.15 Acres

Year Built

1990

MLS Number

10067287

30 Days Snapshot Of 27610

$595k

(avg) sold price

home sold

117

+15%

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

Basement: "Crawl Space"

Building

Building Area Total: 1350, Building Area Units: Square Feet, Construction Materials: "Vinyl Siding", Living Area Units: Square Feet, Living Area: 1350, Structure Type: "Site Built", Year Built: 1990

Cooling

Cooling: "Heat Pump", Cooling Included

Fence

Fencing: "None"

Floors

Flooring: "Carpet", "Hardwood", "Tile"

Foundation

Foundation Details: "Brick/Mortar"

Heating

Heating: "Heat Pump", Heating Included

Home Owner's Association

Association Fee: $20, Association Fee Frequency: Monthly, Association Available

Interior Features

Interior Features: "Ceiling Fan(s)"

Lot

Lot Features: "Open Lot", Lot Size Acres: 0.15, Lot Size Area: 6534, Lot Size Square Feet: 6534, Lot Size Units: Square Feet, Parcel Number: 1734403332

Parking

Open Parking

Property

Property Sub Type: Single Family Residence

Roof

Roof: "Shingle"

Sewer

Sewer: "Public Sewer"

Taxes

Tax Annual Amount: 2231.21

Utilities

Water Source: "Public"

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