883 Edgewater Drive

Lakeview Island Equity Maker

Asking $620,000.00 or best offer

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

883 Edgewater Drive, Lexington, Kentucky, 40502, United States

Zillow

Photos

Video
Walkthrough

To get more info, set up a viewing, or submit an offer please contact Andy at 859-605-3273 or email [email protected]

Details:

5bd/4ba with 4300 sqft
Built in 1976
Vacant
Closing on or before 02/16/25
Market Rent: $6,000.00
Current Rent: N/A
Lake / Dock / Pool / Priceless

ARV is $1,100,000 based on the following comps:

939 Edgewater Drive in Lexington, KY, 40502 is a renovated 3534 SqFt, 5 Bed / 3.5 Bath that sold for $1,100,000 on 11/27/2023 ($311.26 per SqFt)
743 Lakeshore Drive in Lexington, KY, 40502 is a renovated 4013 SqFt, 4 Bed / 2.5 Bath that sold for $1,300,000 on 9/18/2023 ($323.95 per SqFt)
532 Lakeshore Drive in Lexington, KY, 40502 is a 3684 SqFt 3 Bed / 3.5 Bath that sold for $1,000,000 on 10/4/2024 ($271.44 per SqFt)

Repairs:

Roof: No known issues, unsure of age

HVAC: No known issues, unsure of age

Flooring: Needs replaced

Kitchen: Needs to be remodeled

Bathroom: Needs to be remodeled

Windows: No known issues

Foundation: Some repairs needed in garage area

Other: Basement was completely finished, needs redone

To get more info, set up a viewing, or submit an offer please contact Andy at 859-605-3273 or email [email protected]

These deals move fast. If you would like to lock the property up, our client accepts sight-unseen, no-contingency cash offers.

$2,500 non-refundable deposit 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 other listings

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Sender of this email makes neither warranties nor representations as to the Buyer, Seller nor Transaction. Receipt of these documents is acknowledgment and acceptance that this is privileged, proprietary, and confidential, and will not be forwarded to any party(s) without prior written consent from the sender.
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Intellectual Property: All proprietary names, logos, brands, and other intellectual property referenced in this email belong to their respective owners and are used for identification purposes only.
Third-Party Links: Any links to third-party websites are provided for convenience only. We do not endorse and are not responsible for the content of third-party sites.
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 Streamline Realty LLC 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 and Streamline Realty LLC do not undertake to update or correct any information that subsequently becomes outdated or incorrect.
Jurisdiction and Governing Law: This email and any disputes or claims arising out of or in connection with it shall be governed by and construed in accordance with the laws of Kentucky.
Acknowledgment of Risks: Visiting and inspecting properties may involve certain risks, including but not limited to injuries, damages, or harm caused by environmental conditions, structural conditions, other visitors, and pets/animals present on the property. Investors/attendees at inspections voluntarily assume all risks, both known and unknown, associated with property viewing, understanding that such activities may pose hazards including, but not limited to, physical injury, emotional distress, or property damage.

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Questions? I can Help!

Andy KlunderInvestment Sales Specialist

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

rapidfireinvestments2024-12-16T18:40:37+00:00