Property Overview: 3 bed, 1 bath single family home, 1,632 sq ft, built 1940, 1.5 stories on a 0.11 acre lot in Ashland, KY (Boyd County). The detached garage was converted into a separate 1 bed living unit with a living room, full kitchen and bath, newer plumbing and its own electric meter. City water and sewer.
Property Highlights: Two living spaces on one lot. Rent both, or flip the main house and keep the unit as an income add on. Heat pump with central air, newer windows and a rebuilt staircase. Garage unit permit status is unknown; buyer to verify.
REPAIRS
Sold as is. Full rehab on the main house: kitchen, bath, flooring, drywall and ceilings, paint, plus a trash out.
ARV BREAKDOWN
ARV: $140,000 (main house only, garage unit not counted)
