Serious Split Level PotentialWe are selling our assignable purchase contract on the property below:
2085 Alexandria Dr, Lexington, KY, 40504 |
Open House: Tuesday, July 7 @ 3:30 PM (ET) Offer Deadline: Wednesday, July 8 @ 3:30 PM (ET) Submit Offers Starting At Or Above: $165,000
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/1.5ba with 1473 sqft
- Built in 1963
- Lot Size: 0.16 Acres
- Tenant Occupied
- Closing on or before 08/03/26
- Market Rent: $1,880
- Current Rent: $0
- Investors, take notice! This desirable Lexington split-level family home offers the perfect blend of location, layout, and upside potential. Located in a sought-after 40504 neighborhood, this property is a great opportunity for the savvy flipper looking for a medium-level rehab with strong resale confidence.
With a functional family-friendly floor plan, solid bones, and room to add your own finishes, this home is ready for the next chapter. Bring your renovation vision, maximize the value, and position this property for a strong retail exit in one of Lexington’s proven markets.
Great location + manageable rehab + buyer demand = a flip opportunity worth pursuing!
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ARV is $300,000 based on the following comps:
- 936 Maywick Dr in Lexington, KY, 40504 is a renovated 1838 SqFt, 3 Bed / 2 Bath that sold for $360,000 on5/29/2026 ($195.86 per SqFt)
- 943 Lily Dr in Lexington, KY, 40504 is a renovated 1774 SqFt, 3 Bed / 1.5 Bath that sold for $335,100 on 5/2/2025 ($162.26 per SqFt)
- 2108 Palms Dr in Lexington, KY, 40504 is a renovated 1703 SqFt, 4 Bed / 2 Bath that sold for $289,900 on 2/13/2026 ($170.22 per SqFt)
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Repairs:
Roof: 12 Years Old
HVAC: Unknown
Water Heater: 3 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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