5900 Emmalee Drive, Louisville, Kentucky, 40219

New Flip in the Newburg Neighborhood!

Asking $185,000.00 or best offer
If you're a buyer's agent: Asking $190,550 (includes a 3% commission) or best offer.

Streamline Realty is representing Rapid Fire Investments who is selling their assignable purchase contract on the property below:

5900 Emmalee Drive, Louisville, Kentucky, 40219, United States

Zillow

Photos

To submit an offer or set up a viewing please contact Branden at 5024902725 or email [email protected]

Details:

3bd/4ba with 1881 sqft
Built in 1961
Lot Size: 0.17 Acres
Owner Occupied
Closing on or before 04/25/25
Market Rent: $1,920.00
Current Rent: N/A
All Comps Have Basement and Garage

ARV is $270,000 based on the following comps:

3406 Twin Oak Lane in Louisville, KY, 40219 is a renovated 1327 Sqft, 3 Bed/ 1 Bath that sold for $243,000 on 04/24/2024 ($183.12 per SqFt)
5805 Hillwood Drive in Louisville, KY, 40219 is a renovated 2150 SqFt, 3 Bed / 2 Bath that sold for $279,900 on 12/20/2024 ($130.19 per SqFt)
3901 Melda Lane in Louisville, KY, 40219 is a renovated 2042 SqFt, 3 Bed / 3 Bath that sold for $246,900 on 04/21/2024 ($120.91 per SqFt)

Repairs:

Roof: 2 Months olds

HVAC: Needs Replaced

Flooring: The tile floor needs to be replaced and replace all the vinyl

Kitchen: Paint the cabinets and add new formica countertops

Bathroom: Three of the four bathrooms are good, we suggest installing a new shower in the main level bathroom and adding two vanities in total

Windows: 4 windows need to be replaced, the rest are vinyl in good shape

Foundation: concrete (in good condition)

Other: All exterior doors should be replaced for cosmetic reasons. There is a master suite in the basement

To submit an offer or set up a viewing please contact Branden at 5024902725 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.

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

Title is already open with our preferred partner, Borders & Borders, PLC, 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!

Not interested in this deal? Click here to view our other listings

We are growing our team!

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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Risk Acknowledgement: Real estate investing involves substantial risks. Each investor should carefully consider the risk factors and conduct their own due diligence before investing.
Forward-Looking Statements: Statements shown, and on any websites may contain forward-looking statements based on our current expectations, plans, estimates, assumptions, and beliefs that involve numerous risks and uncertainties. Actual results and performance could differ materially from those set forth in this current statement.
Financial Projections: Any financial projections, values, or returns shown on this email are illustrative examples only, and are non-binding. There can be no assurance that any real estate valuations or estimates provided are accurate or in agreement with market or industry valuations.
Investment Information: Any investment information contained herein has been secured from sources Rapid Fire Investments and affiliates believe are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor.
Non-Professional Advice: Information provided should not be construed as legal, financial, or professional advice. Recipients are advised to seek independent advice before making investment decisions based on this information.
Update of Information: The information contained in this email is believed to be accurate as of its date of issue. Rapid Fire Investments do not undertake to update or correct any information that subsequently becomes outdated or incorrect.
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Questions? I can Help!

Branden MilettaInvestment Sales Specialist

Don’t miss out! To submit an offer or schedule a viewing, contact me now at (502) 490-2725