πŸŽ‰πŸ’₯Ready To Go Condo πŸ’₯πŸŽ‰

Fayette County, Lexington, KY, 40517
Sold
Listed at: January 2nd, 2024
Price
$155,000
ARV
$190,000
Gross Margin
$35,000
Sq. Footage
1104
Type
Single-Family
Parking
Unassigned
Year build
1974
Lot size
0 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
1
Summary

Details:

Rental ready condo on the south side of Lexington! Minor touch up and put a renter in to start collecting rent. Awesome location, great HOA (only $155/mo) that just recently replaced all the roofs. Outside areas, garbage, snow, landscaping, parking lots all maintained. Every unit individually metered and renter pays all utilities.

  • 3bd/1.5ba with 1104 sqft
  • Built in 1974
  • Vacant
  • Closing on or before 01/22/24
  • Market Rent: 1450/month
  • Current Rent:
  • Small touch ups, ready to rent!


  • ARV is $190,000 based on the following comps:
  • 3441 Laredo Dr UNIT 61 is a 2 Bd/2 Ba with 1,128 sqft that sold for $199,500 09/11/23
  • 3400 Redcoach Trl #D is a 2 Bd/2 Ba with 1,100 sqft that sold for $185,345 on 04/28/23
  • 395 Reading Rd #189 is a 2 Bd/2 Ba with 1,144 sqft that sold for $230,000 on 9/22/23

Repairs:

Roof: No known issues

HVAC: Good condition

Flooring: All Look good

Kitchen: Could update

Bathroom: Could update

Windows: No known issues

Foundation: No known issues

Other: Already rental grade condition

These deals move fast. If you would like to lock the property up, our client accepts sight-unseen, no-contingency cash offers.

$2,500 non-refundable deposit required for all buyers.

Realtors, add your fee (whatever you like) and bring us a buyer!

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Andy Klunder

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