212 Woodbine St., Louisville KY 40208 • $109,500.00 OBO

Updated: Apr 1

ATTENTION INVESTORS!

212 Woodbine St., Louisville KY 40208

REDUCED $20,000.00!!! In this Market!?BRRRR this to the BANK!



This is the Old Louisville 4 Unit you've been Waiting For!


The Numbers:

  • ARV: $356,490.00 (Property Report • Rob Bergeron + Comps)

  • REDUCED! Now asking $109,500.00 OBO!!!

  • Estimated Repairs: $100-120,000.00 (Variable on Finishes)

  • Fair Market Rent: $3,600.00 Monthly / (4) @ $900 (Rentometer)

Property Features:

  • 3,502 Sq./Ft.

  • Currently (4) 1 Bed / 1 Bath Units

  • Potential to Convert to (4) 2 Bed / 1 Bath!!!

  • Lot Size: 0.1415 Acres

  • Built in "1900" (Jeff. Co. PVA)

  • Sub-Metered Utilities:

  • Natural Gas

  • Electric *UPDATED*

  • Common Water (Landlord Paid)

  • Central/Ducted Heating Units (Currently Window AC).

  • Property sustained Fire / Water Damage.

  • Property is *VACANT*, Contact Us for Entry.

What I Like:

  • Old Louisville CHARM!

  • HUGE Rental DEMAND & Low Vacancy!

  • LOTS of EQUITY POTENTIAL; BRRRR this to the BANK!

Comparable Sales:

  1. 1365 S Brook St., 40208 • 2/25/21 • $360,000 ($115 Sq/Ft)

  2. 1221 S. 4th St., 40203 • 8/21/20 • $370,000 ($129.10 Sq/Ft)

  3. 1222 S. 1st St., 40203 • 8/19/20 • $295,000 ($84.77 Sq/Ft)

Contract Conditions:

  • Earnest Money Deposit : $2,500.00

  • Property is SOLD AS-IS; please perform your own due diligence as Scope of Work may vary.

  • 502RENTALS.COM, LLC is in possession of an Assignable Contract that allows us to market this property. Any information provided is for informative purposes only and should not effect buyers due diligence or final decision to purchase.

  • Preference given to Highest / Best CASH Offer!


NOW SCHEDULING SHOWINGS / WALKTHROUGHS!

  • Text or Call Dillon @ (502) 233-1342 to schedule a walkthrough.

  • Property is on Lock-Box; ask about scheduling a Self-Guided Tour!



ADDITIONAL FILES

212 Woodbine PR-RB
.pdf
Download PDF • 2.39MB
212 Woodbine (Rentometer)
.pdf
Download PDF • 610KB
212 Woodbine PVA Card 2
.pdf
Download PDF • 174KB

FOR MORE INFORMATION OR TO ACCESS THIS PROPERTY:


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