Four Mile Flip or Rent - Richmond, KY, 40475

Madison County, Richmond, KY, 40475
Sold
Listed at: May 16th, 2024
Price
$82,500
ARV
$167,000
Gross Margin
$84,500
Sq. Footage
924
Type
Single-Family
Parking
Unassigned
Year build
1999
Lot size
0.27 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Details:

  • 3bd/1ba with 930 sqft
  • Owner Occupied / 5 day post occupancy
  • Closing on or before 06/24/24
  • Market Rent: $1,200.00
  • Current Rent: N/A
  • Nice big back yard!

ARV is $167,000 based on the following comps:

 

  • 602 Powderhorn Road in Richmond, KY, 40475 is a Renovated 1050 SqFt, 3 Bed / 1 Bath that sold for $189900 on 11/17/2023 ($180.86 per SqFt)
  • 1217 E Irvine Street in Richmond, KY, 40475 is a Renovated 980 SqFt 3 Bed / 1 Bath that sold for $181,000 on 4/24/2024 ($184.69 per SqFt)
  • 620 Powderhorn Road in Richmond, KY, 40475 is a Renovated 1050 SqFt, 3 Bed / 1 Bath that sold for $184000 on 3/20/2024 ($175.24 per SqFt)

Repairs:

 Roof: 4 years old

HVAC: Gas heat

Flooring: Needs updated

Kitchen: Replace

Bathroom: Replace

Windows: No known issues

Foundation: No reported issues, buyer due diligence

Other: No hvac

 

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