Cashflow Condo - Winchester, KY, 40391

Clark County, Winchester, KY, 40391
Sold
Listed at: August 20th, 2024
Price
$95,000
ARV
$117,500
Gross Margin
$22,500
Sq. Footage
781
Type
Single-Family
Parking
Unassigned
Year build
1980
Lot size
0.01 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Details:

  • 2bd/1ba with 781 sqft
  • Built in 1980
  • Owner Occupied
  • Closing on or before 09/30/24
  • Market Rent: $950.00
  • Current Rent: N/A
  • Clean out & Rent / hoa fees 100/mo

ARV is $117,500 based on the following comps:

 

  • 356 Oxford Drive in Winchester, KY, 40391 is a renovated 781 SqFt, 2 Bed / 1 Bath that sold for $117,500 on 8/31/2023 ($150.45 per SqFt)
  • 49 Judy Ann Court in Winchester, KY, 40391 is a renovated 960 SqFt, 2 Bed / 1.5 Bath that sold for $138,000 on 4/4/2024 ($143.75 per SqFt)

Repairs:

 Roof: New, 3 years old

HVAC: Furnace and Central Air less than 5 years

Flooring: Carpet good shape for rental and laminate

Kitchen: Good condition for rental

Bathroom: Good condition for rental

Windows: Vinyl good shape

Foundation: No known issues

Other: Nice Condo, just needs clean out

 

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