Awesome Flip or Rent Opportunity

Clark County, Winchester, KY, 40391
Sold
Listed at: January 8th, 2024
Price
$70,000
ARV
$130,000
Gross Margin
$60,000
Sq. Footage
954
Type
Single-Family
Parking
Unassigned
Year build
1940
Lot size
0.16 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Details:

  • 2bd/1ba with 954 sqft
  • Built in 1940
  • Tenant Occupied
  • Closing on or before 02/04/24
  • Market Rent: 1000/month
  • Current Rent:
  • Currently rented month to month
  • ARV is $130,000 based on the following comps:
  • 234 Pendleton St is a 2 bd/ 1 ba 943 sqft that sold for $125,000 on 06/13/23
  • 29 Cook Ave 3 Bd/1 Ba 1,352 sqft that sold for $176,000 on 06/20/23
  • 37 Sterling St is a 2 Bd/1 ba with 936 sqft that sold for $134,500 on 09/30/22

Repairs:

Roof: Comp. Shingle / Needs updating

HVAC: Aged, Needs updating

Flooring: Needs updating

Kitchen: Needs updating

Bathroom: Needs updating

Windows: Needs updating

Foundation: Block / No known issues

Other: Needs a little of everything but has meat on the bone to profit!

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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Disposition manager