Make Money in the Meadows

Asking $80,000 or best offer

We are selling our assignable purchase contract on the property below:

437 Shawnee Ave
Lexington, KY 40505
Zillow
Photos
Tax Assessor
Details:
  • 3bd/2ba with 850 sqft
  • 396 sqft basement that can be updated for value add
  • Owner-Occupied
  • Closing on or before 3/24/2022
  • Market Rent: $1,000-$1,100/month
ARV is $135,000-$140,000 based on the following comps:
  • 1034 Oak Hill Dr is a 2bd/1.5ba with 1,206 sqft that sold for $147,000 in March 2021 
  • 1007 Darley Dr is a 3bd/1ba with 1,107 sqft that sold for $168,000 in June 2021
  • 429 Shawnee Ave is a 1bd/1ba with 594 sqft that sold for $90,000 in September 2021

Repairs:
 Roof: 10 years old
 HVAC: In good condition 
 Flooring: Needs new flooring 
 Kitchen: Needs updating

  Bathroom: Needs updating
  Windows: Original windows
 Foundation: No known issues

 Other: Consider basement renovation for value add

 
To submit an offer or set up a viewing please contact Eric at 859-407-6606 or email [email protected]

Our deals move fast. If you would like to lock the property up, we do accept sight-unseen, no-contingency cash offers.

Preferred closing with Webb Hoskins Brown & Thompson

$2,500 earnest money check required for all buyers.

Realtors, add your fee (whatever you like) and bring us a buyer!
 
Not interested in this deal? Click here to view our other listings
 
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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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