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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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521 Locust Rd , Hillsborough, NC 27278
$199,000
Est. Payment: $442.22/mo
4 Bed
1 Bath
1092 Sqft
Status: Active | Days on site: 90
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75688 - 81566,89524
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House Description

Scale your portfolio with this outstanding value-add acquisition at 521 Locust Road. Finding a low-maintenance, four-sided brick ranch at this price point in Orange County is a rarity, making it the ideal candidate for a high-performing BRRRR strategy. Offering 1,092 square feet of interior space on a premium 0.46-acre lot, this property gives you the perfect foundation to execute a rehab and force significant immediate equity. The rare 4-bedroom configuration commands a distinct rental premium and ensures robust, long-term tenant demand in the tight Hillsborough market. Furthermore, the durable brick exterior translates to excellent long-term asset preservation and minimal maintenance overhead for your property management team. Bring your contractor, tap into a high-demand pocket of Hillsborough, and unlock a high-yield cash-flow generator today!

Highlights

Listed by Johnny Chappell , 919-737-2247 and Billy Hoffman , 919-360-9218 Compass -- Raleigh , 919-726-6548.

Property Type

Residential

Lot/Acreage
0.46

Year Built

1982

County

Orange

Neighborhood

Highland Woods

Listing ID

10174950

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:1
  • Full Bathrooms:1
Floor:Vinyl
Above Ground Sq Ft:1092
Below Ground Sq Ft:0
Water:Public

Exterior Features

Roof:Shingle
Sewer:Septic Tank
Principal Interest
$442
Taxes
$138

Home Price

$199,000

Loan Details

30 yrs
%

Down Payment

20%
$39,800
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Monthly Price:
$442.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $442.22 $137.62 $0.00 $579.84
Yearly $5,306.67 $1,651.40 $0.00 $6,958.07
Total $159,200.00 $49,542.00 $0.00 $208,742.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Hillsborough, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.