Benefits

• Market rent is $1,500 per unit
• Brick building
• Driving parking for both tenants
• Buy an almost ready to rent duplex below market value

Property Details

Rehab Level: Light/ moderate

Construction: Brick

Electrical Panels: Good Condition

Air Conditioners: Good Condition

Furnaces: Good Condition

Water Heaters: Good Condition

Roof: Good Condition

Occupancy: Half-Vacant

Details

2 unit building in Elsmere Kentucky

• 2 bed 1.5 bath unit & 2 Bed 1.5 bath unit
• Separate HVAC, water heaters, and all utilities except water
• Owner pays water and sewer
• The exterior is in great condition
• The roof is 10 years old
• Furnaces are 7-8 years old
• Water heaters are 7-8 years old
• 1 tenant is paying $900/month
• 1 unit is vacant as of May 2023

Comps

• 567 Palace Ave - $219,690 11/2022 (AS-IS SALE)

Overview

If you are familiar with the Northern Kentucky Market this deal is as cut and dry as it gets. Great rental with high rents in the BOOMING location in NKY. Duplexes in Northern Kentucky are very hard to come by with the demand being so high. Our asking price is way below market value with the condition of these units. Honestly wanted to keep this property however need extra cash for a bigger investment coming up.

( I am the owner of this property, if you are wholesaler do not reach out to me unless you already have a buyer. Thanks)