Investor or renovation opportunity in the heart of Oriental, NC $139,900

Home For Sale near Neuse River

Investor or renovation opportunity in the heart of Oriental, NC - the Sailing Capital of North Carolina! This 4-bedroom, 2-bath home includes a spacious layout with an open floor plan created by the owner. Recent measurements indicate 888 sq ft of heated living area (GLA) and approximately 1,722 sq ft total space, inclusive of additional rooms not counted toward GLA. These rooms add flexibility but are not included in the official heated square footage. The home features a roof replaced approximately 5 years ago. Heating is electric via plug-in units, and cooling is provided by window units installed around 3 years ago. Please note, there is no central HVAC. Three windows need to be replaced and have already been removed, allowing for a head start on renovations. The property will require significant interior updates, including sheetrock, flooring, and paint. Investors, renovators, or buyers looking to customize a home in a highly desirable coastal town look no further! With renovated comparables selling in the mid-$200,000s, this property is attractively priced for a quick sale. Oriental, North Carolina, is a small, charming town with a rich maritime history and a strong sense of community. A very seasonal destination with a small-town feel and strong rental demand, with a population of approximately 1,000 residents in winter and swelling to over 20,000 in summer due to boating and sailing, bike races, and tourism. This location presents potential for a primary residence, second home, or investment property once renovated.