Incredible Investment Opportunity – Meadows in Lexington

Asking: $87,500 or best offer

We are selling our assignable purchase contract on the property below:

137 Locust Ave
Lexington, KY 40505

Zillow Click Here
Tax Assessor Info Click Here
Photos Click Here
Rental Comps Click Here

Details

  • The property is currently under renovation
  • 3BD/1BA with 1,436 sqft
  • Can be a possible 4bd/2ba
  • Estimated rehab budget of $32,000-$37,000

ARV is $175,000 based on the comps below:

Sales Comps Click Here

Repairs:
 Roof: Unknown age, no active leaks
 HVAC: Hooked up but needs external unit
 Flooring: Needs replacing
 Kitchen: Needs updating
  Bathroom: Needs updating
 Foundation: New foundation in the back of the house.

 Other: New siding and a new back porch

To submit an offer or set up a viewing please contact Braxton at 859-585-3887 or email Braxton@rebuiltrealty.com

Our deals move fast. If you would like to lock the property up, we do accept sight-unseen, no-contingency cash offers.

Cash buyers preferred. Financed offers will be considered on a case-by-case basis and must use one of our approved local banks. No mortgage companies.

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

Realtors, add your fee (whatever you like) and bring us a buyer!