Details:

• 2bd/1ba with 948 sqft
• Built in 1950
• Tenant Occupied
• Closing on or before 05/20/24
• Market Rent: 950/month
• Current Rent: 600

ARV is $152,000 based on the following comps:

• 21 Sylvania Avenue in Winchester, KY, 40391 is a As Is, Not Renovated 1016 SqFt, 2 Bed / 1 Bath that sold for $156000 on 4/7/2023 ($153.54 per SqFt)
• 4 Sylvania Avenue in Winchester, KY, 40391 is a As Is, Not Renovated 832 SqFt, 2 Bed / 1 Bath that sold for $140000 on 8/15/2023 ($168.27 per SqFt)
• 27 Magnolia St in Winchester, KY, 40391 is a Renovated 966 SqFt 2 Bed / 2 Bath that sold for $165,000 on 6/14/2023 ($170.00 per SqFt)

Repairs:

• Roof:
  
  Looks good, buyer due diligence
• HVAC:
  
  2007, Needs updated
• Flooring:
  
  Needs updated
• Kitchen:
  
  Needs updating, replacement through out
• Bathroom:
  
  Needs complete update
• Windows:
  
  Vinyl, Could be updated
• Foundation:
  
  Buyer due diligence, nothing reported
• Water Heater:
  
  Dated, needs replaced
• Other:

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!