Surgoinsville Flip Opportunity – 3BD Home on 5.5 A
-
Single Family House -
3 -
1 -
1961 -
1248 -
239144
Description
Affordable flip opportunity in Surgoinsville, TN, nestled on 5.5 acres of private land with scenic country views. This 3-bed, 1-bath, 1,248 sq. ft. property offers strong value-add potential with plenty of upside for fix & flip investors. With local comps around $285K–$335K and a starting price of $170,000, this represents a compelling below-market opportunity in one of East Tennessee’s most stable submarkets. Located minutes from Rogersville and a short drive to Kingsport, this property combines rural privacy with accessibility — ideal for investors seeking acreage deals with strong resale potential.
Transaction Details
- Walkthrough Date: Schedule via request
- Closing Date: Nov. 17, 2025
- Occupancy: Owner-Occupied
- Access instructions: N/A
- Title company: Closed Title
- Earnest money required: $5,000
- Proof of funds required: Yes
Property Condition
- Roof: Estimated 15-20 years old, good condition
- HVAC: Needs a HVAC
- Plumbing: Mix of copper, pvc, and pex
- Electrical: Fuse panel needs replaced
- Foundation: Blokc fondation, good condition
- Interior: Full cosmetic renovation advised
- Other Property Details:Windows need repaired/replaced, new siding
Comparable Properties
- 2378 Carters Valley Rd, Surgoinsville, TN. 37873 - $290,000: 1,160 sqft | 2/2 bed/bath | 09/08/2025
- 2618 Carters Valley Rd, Surgoinsville, TN 37873 - $339,000: 1,378 sqft | 3/2 bed/bath | 05/15/2025
- 1992 Stanley Valley Rd, Surgoinsville, TN 37873 - $275,000: 2,352 sqft | 3/2 bed/bath | 08/07/2025
Next Steps
- Contact us if you need more information
- Schedule a property walkthrough
- Make an offer directly on this page
- Submit proof of funds
- Sign assignment agreement
Disclaimers
IMPORTANT: This listing represents an assignment of a purchase contract, not a direct property sale. The advertised price includes the original contract price plus an assignment fee. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.
Time-sensitive opportunity - this contract is being offered to multiple investors
Estimated Spread
- ARV $300,000
- Price $160,000
- Spread $140,000
