Details:

• 2bd/1ba with 1008 sqft
• Owner Occupied
• Closing on or before 10/23/24
• Market Rent: $800.00
• Current Rent: N/A
• Great Property on an unfinished basement. Plenty of Potential for Value Add and a great addition to a rental Portfolio.

ARV is $120,000 based on the following comps:

• 308 Virginia Avenue in Frankfort, KY, 40601 is a as is, not renovated 840 SqFt, 2 Bed / 1 Bath that sold for $114,000 on 3/1/2024 ($135.71 per SqFt)
• 436 Triplett Avenue in Frankfort, KY, 40601 is a as is, not renovated 838 SqFt, 2 Bed / 1 Bath that sold for $120,000 on 10/2/2023 ($143.2 per SqFt)
• 340 Murrell Street in Frankfort, KY, 40601 is a as is, not renovated 1152 SqFt, 3 Bed / 1 Bath that sold for $140,000 on 10/18/2023 ($121.53 per SqFt)

Repairs:

 Roof: Age unknown, buyer due diligence

HVAC: Heat pump and window units

Flooring: Hardwood Floors, could refinish

Kitchen: Needs Updated

Bathroom: Needs Updated

Windows: Could Be Updated

Foundation: Concrete Block, Buyer to inspect

Other: