We have a new off-market opportunity for a fix-and-flip or buy-and-hold in St. Pauls, North Carolina. This is a vacant 2-bedroom, 1-bathroom farmhouse on a spacious 1.55-acre lot. This property is an excellent canvas for a renovation with a clear path to a high After Repair Value of over $225,000. The best part? The roof was recently replaced in 2024, which is a major value-add that a new owner won't have to worry about. The home is currently vacant, which means you can start work immediately without any delays. The home also has a heat pump, a covered front porch, a sunroom, and an inside laundry area. Deal at a Glance: Property Type: Single-Family Residence (Farmhouse) Location: E Great Marsh Church Rd, St. Pauls, NC 28384 Asking Price: $140,000 Living Area: 1,027 sq. ft. ARV: $225,000+ Estimated Rehab: $25,000 This is a cash-only transaction. The buyer is responsible for all closing costs, and a $5,000 non-refundable EMD is required. Due diligence must be completed before the contract is signed. This is a true value-add opportunity with a clear path to a strong return. Don't let this one get away.