601-603 North Lime Street

2 Duplex Package Deal

Asking $308,500.00 or best offer
If you’re a buyer’s agent: Asking $317,755.00 (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:

601-603 North Lime Street, Frankfort, Kentucky, 40601, United States

Zillow

Photos

To submit an offer or set up a viewing please contact Andy at 8594076606 or email [email protected]

Details:

4bd/4ba with 2400 sqft
Built in 1984
Tenant Occupied
Closing on or before 01/18/25
Market Rent: $3,600.00
Current Rent: $2,800.00
Side by Side Duplexes!

ARV is $320,000 based on the following comps:

604 Taylor Avenue in Frankfort, KY, 40601 is a renovated 4 Bed / 3 Bath triplex that sold for $300,000 on 4/12/2024
612 Taylor Avenue, in Frankfort, KY, 40601 is a renovated 4 Bed / 2 Bath duplex that sold for $300,000 on 4/12/2024
726 Shelby Street in Frankfort, KY, 40601 is a renovated 4 Bed / 2 Bath duplex that sold for $318,000 on 12/8/2023

Repairs:

Roof: 5 years Good Condition

HVAC: 2 years Good Condition

Flooring: Hardwood & Vinyl Good Condition

Kitchen: Functional, Could be Updated

Bathroom: Functional, Needs some clean up

Windows: Good

Foundation: Block, No Known issues

Other: Needs cleaned up to rental grade

To submit an offer or set up a viewing please contact Andy at 8594076606 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, , 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.

Apply

Disclaimer:
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.
Confidentiality: This email message and its attachments are covered by Electronic Communications Privacy Act, 18 U.S.C ss 2510-2521 and are intended only for the use of the person or entity to which it is addressed. If you are not the intended recipient or have received this message in error, you are prohibited from disseminating or otherwise using this information under law.
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 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.
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 state laws in which the property is located.
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