Off-Market BRRR – High Cash Flow Potential – 40210 Assigned

  • $87,500
  • 3 beds
  • 2 baths
  • 1637 sqft
Assigned
Sell-My-House

Assignable contract for sale, $87,900

  • All brick 2-story house with full basement. 3 bedroom 2 bath 1,637 sqft.
  • Space to add 4th Bedroom on 1st floor.
  • Selling under mortgage balance of $89,500
  • ARV 140K, repairs estimate $14-19K
  • Est rent. 1,400-1,600/mo
  • $1,000 non-refundable cash deposit due on contract assignment. Property sold AS-IS.

Property Info

  • Property remodeled in 2019 and in the process of being updated. Included with the purchase:
    • Full-set of custom maple kitchen cabinets new in box, Shenandoah Cabinets [Full Overlay | Veneer Recessed Panel Doors | Solid Wood Slab Drawer Fronts]
    • Stainless steel appliances: refrigerator, stove and dishwasher
    • Additional materials planned for remodel (bathroom tile, vanity, etc.) but have not been installed
  • New roof with transferrable warranty to new owner
  • Double-pane tilt-out vinyl windows throughout
  • Central HVAC – Installed 2014 -2016
  • 200 AMP Breaker
  • Gas water heater – New in 2019
  • Concrete driveway with off-street parking

Repairs est. $14 – 19k

  • Kitchen ceiling drywall repair
  • Kitchen cabinet install (cabinets included)
  • Kitchen counter & sink
  • Interior paint throughout
  • Master bath shower & vanity
  • 2nd floor landing floor refinish

ARV Comps = $140K Avg 

Learn More

Call me at (502) 849-5950 or fill out the form below to learn more.

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Price:
$87,500
Address:
2201 W. Burnett Ave
Louisville, KY 40210
Square Feet:
1637
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Basement:
Full basement, unfinished

Call (502) 849-5950 for more details

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Property Location