Hedgewood Court Townhome - Lexington, KY, 40509

Fayette County, Lexington, KY, 40509
Sold
Listed at: July 26th, 2024
Price
$121,500
ARV
$164,000
Gross Margin
$42,500
Sq. Footage
1450
Type
Single-Family
Parking
Unassigned
Year build
1973
Lot size
0.04 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
1
Summary

Details:

  • 3bd/1.5ba with 1450 sqft
  • Built in 1973
  • Vacant
  • Closing on or before 09/06/24
  • Market Rent: $1,500.00
  • Current Rent: vacant
  • great rental income potential on low maintenance townhome (HOA $87/mo)

ARV is $164,000 based on the following comps:

 

  • 207 Hedgewood Court in Lexington, KY, 40509 is a Renovated 1296 SqFt, 3 Bed / 1.5 Bath that sold for $156000 on 2/13/2024 ($120.37 per SqFt)
  • 293 Osage Court in Lexington, KY, 40509 is an Updated 1134 SqFt, 3 Bed / 1.5 Bath that sold for $151,500 on 5/21/2024 ($133.60 per SqFt)
  • 232 Hedgewood Drive in Lexington, KY, 40509 is a Renovated 1296 SqFt, 3 Bed / 2 Bath that sold for $156000 on 2/13/2024 ($120.37 per SqFt)

Repairs:

 Roof: Covered by HOA, no known issues

HVAC: Central HVAC / Outside unit 2011

Flooring: Lower level needs updated / Upstairs good

Kitchen: needs updated

Bathroom: Needs updated

Windows: No known issues / dated

Foundation: No known issues

Other: Soft spot in dining room, possible floor joist

 

 

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