The Balfour Brick RanchWe are selling our assignable purchase contract on the property below:
1826 Balfour Dr, Lexington, KY, 40511 |
Open House: Thursday, June 18 @ 3:00 PM (ET) Offer Deadline: Friday, June 19 @ 3:00 PM (ET) Submit Offers Starting At Or Above: $67,000
No extensions will be granted. Buyers Agent include your commission when submitting offers!
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To submit an offer or set up a viewing please contact Andy at (859) 605-3273 or email andy@rapidfireinvestments.com
Details:
- 3bd/1ba with 1134 sqft
- Built in 1972
- Lot Size: 0.30 Acres
- Owner Occupied
- Closing on or before 08/04/26
- Market Rent: $1,250
- Current Rent: N/A
- Opportunity is knocking in one of Lexington's most desirable investment corridors! This solid 3-bedroom brick ranch offers the perfect combination of affordability, functionality, and upside potential. Whether you're a flipper looking for a straightforward cosmetic renovation or a buy-and-hold investor seeking strong rental demand, this property checks all the boxes. With its durable brick construction, practical floor plan, and appeal to first-time homebuyers and renters alike, this is the kind of project that can deliver multiple exit strategies and attractive returns. Don't miss your chance to capitalize on a high-demand starter home in the thriving 40511 market!
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ARV is $195,000 based on the following comps:
- 1667 Costigan Dr in Lexington, KY, 40511 is a renovated 1025 SqFt, 3 Bed / 1 Bath that sold for $198,000 on 7/22/2025 ($193.17 per SqFt)
- 1732 Costigan Dr in Lexington, KY, 40511 is a renovated 1025 SqFt, 3 Bed / 1 Bath that sold for $188,000 on 6/12/2025 ($183.41 per SqFt)
- 1822 Balfour Dr in Lexington, KY, 40511 is a lightly renovated 1134 SqFt, 3 bed / 1 Bath that sold for $187,500 on 4/5/2024 ($165.34 per SqFt)
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Repairs:
Roof: 4 Years Old
HVAC: 15+ Years Old
Water Heater: 15+ Years Old
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To submit an offer or set up a viewing please contact Andy at (859) 605-3273 or email andy@rapidfireinvestments.com
Our deals move fast. If you would like to lock the property up, we do accept sight-unseen, no-contingency cash offers.
$2,500 earnest money check required for all buyers.
Title is already open with our preferred partner, Brown & Thompson, PLLC, ensuring a smoother, expedited closing process by working directly with our trusted team.
Realtors, add your fee (whatever you like) and bring us a buyer!
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| We are hiring! We believe in developing world-class salespeople, investors, and human beings. This is a career, not just a "job." Our people will have the ability to earn really well and invest in their future through real estate. |
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