Cash 💵 Flowing 🌊 Duplex - Near Churchill Downs 🏇

Jefferson County, Louisville, KY, 40208
Sold
Listed at: November 29th, 2022
Price
$125,000
ARV
$207,500
Gross Margin
$82,500
Sq. Footage
1844
Type
Multifamily
Parking
On street
Year build
1920
Lot size
0.09 acres
Bedrooms
5
Bathrooms
2
Half Bathrooms
0
Summary

🔉 Attention all investors! Assignable contract that beats the 1% rule!!!


This duplex is all about the CASH FLOW!

Easily beats the 1% rule! Both units could use some TLC in order to bring in top dollar.


Front unit 👪

- 2 bedroom 🛌

- 1 bath 🚽

- $816 Rent 💰 (would be $875 on section 8)


Rear unit 👪

- 3 bedroom 🛌

- 1 bath 🚽

- $1200 Rent 💰 on section 8

- Vacant 📭


- 2064 Sqft 🛠️


💪You can click the 🏁 Win it now button and avoid all the bidding and 🔐 lock it down right now 💥



Front unit is occupied. Do not disturb the tenant. When viewing home you will just be viewing the rear apartment.

There is some floor joist work that is scheduled to be completed on the rear unit next week. The price will increase accordingly once the work is completed. This quote is in the attachments.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Derek Bottoms

No reviews

Disposition manager