Easy Flip on Algar!

Asking $87,000.00 or best offer
If you're a buyer's agent: Asking $89,610.00 (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:

324 Alger Avenue, Louisville, Kentucky, 40214, United States
Zillow
Photos

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

Details:

  • 2bd/1ba with 673 sqft
  • Built in 1945
  • Lot Size: 0.13 Acres
  • Vacant
  • Closing on or before 05/13/25
  • Market Rent: $1,150.00
  • Current Rent: N/A
  • Quick Flip or BRRR
ARV is $155,000 based on the following comps:
  • 6126 Lone Oak Trail in Louisville, KY, 40214 is a clean but outdated 832 SqFt, 2 Bed / 1 Bath that sold for $170,000 on 2/25/2025 ($204.33 per SqFt)
  • 304 Freeman Avenue in Louisville, KY, 40214 is a renovated 649 SqFt, 2 Bed / 1 Bath that sold for $170,000 on 8/23/2024 ($261.94 per SqFt)
  • 335 Alger Avenue in Louisville, KY, 40214 is a clean but outdated 978 SqFt, 2 Bed / 1 Bath that sold for $155,000 on 10/31/2024 ($158.49 per SqFt)

Repairs:

 Roof: 15 years old, in good shape

HVAC: Needs Replaced

Flooring: Needs Replaced

Kitchen: Suggest and update

Bathroom: Small updates needed

Windows: 5 windows need to be replaced the other 4 are replacement vinyl windows

Foundation: Concrete blocks, Good condition

Other: Small subfloor repairs needed in the utility room

 
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
 
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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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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.
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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.
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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!

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