$250,000
Pending

5236 Turf Grass Court

Raleigh, NC 27610
1350 sqft | 3 beds | 2.5 baths | 0.15 acres | #10067287
Browse 17 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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 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!

  • Property Details
      • Property SubtypeSingle Family Residence
      • Middle SchoolWake County Schools
      • High SchoolWake County Schools
      • Elementary SchoolWake - Rogers Lane
      • InteriorCeiling Fan(s)
      • SubdivisionVillage Lakes
      • StyleContemporary
      • Sewer InformationPublic Sewer
      • Basement DescriptionCrawl Space
      • CoolingHeat Pump
      • HeatingHeat Pump
      • Lot FeaturesOpen Lot
      • Lot DescriptionOpen Lot
      • Property TypePurchase
      • MLS #10067287
      • MLS #10067287
      • RoofShingle
      • Utility SourcePublic
      • Taxes Annual$2,231
      • Cost250000
      • Acres0.15
      • Square Feet1350
      • Year Built1990
      • CountyWake
      • Bathrooms2.5
      • Hoa Fees20
      • Bedrooms3
      • Full Baths2
      • Half Baths1
      • Basement1
      • Hoa1

Location

Chuck Belden | Relevate Real Estate Inc.Real Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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