Kenwick Flip! - Lexington, KY, 40502

Fayette County, Lexington, KY, 40502
Sold
Listed at: April 26th, 2024
Price
$235,000
ARV
$335,000
Gross Margin
$100,000
Sq. Footage
1180
Type
Single-Family
Parking
Unassigned
Year build
1935
Lot size
0.10 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Details:

  • 2bd/1ba with 1180 sqft
  • Built in 1935
  • Vacant
  • Closing on or before 05/30/24
  • Market Rent: $1,500.00
  • Current Rent: N/A
  • Style and Flair with minimal work

ARV is $335,000 based on the following comps:

 

  • 320 Hanover Court in Lexington, KY, 40502 is a Renovated 1040 SqFt, 2 Bed / 2 Bath that sold for $318750 on 11/28/2023 ($306.49 per SqFt)
  • 340 Memory Lane in Lexington, KY, 40502 is a Renovated 1032 SqFt, 2 Bed / 1 Bath that sold for $295000 on 3/4/2024 ($285.85 per SqFt)
  • 321 Richmond Avenue in Lexington, KY, 40502 is a Renovated 1110 SqFt, 2 Bed / 1 Bath that sold for $299500 on 3/27/2024 ($269.82 per SqFt)

Repairs:

  • Roof:

    Roof new in 2017
  • HVAC:

    2 years old
  • Flooring:

    No known issues
  • Kitchen:

    Needs updating
  • Bathroom:

    No known issues
  • Windows:

    No known issues
  • Foundation:

    No known issues
  • Water Heater:

    Need updating
  • Other:

    NA

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