Prime Investment Opportunity - 2505 Magazine St | 3BD/1BA | Over 1,000 Sq Ft
This 3-bedroom, 1-bath home offers over 1,000 sq ft of living space and is an ideal investment for those looking to maximize rental income. Located in a rapidly growing area, this property has strong potential for Section 8 tenants, with fair market rent significantly above the 1% rule for similar homes. Priced to sell at just $95,000, this is an excellent opportunity to secure a high-performing asset with strong cash flow.
Key Features:
-Over 1,000 sq ft of well-maintained living space
-Section 8 potential with fair market rents offering excellent income opportunities
-Easily meets the 1% rule, ensuring a solid return on investment
-Priced competitively at $95,000, making it an attractive option for investors
Whether you're an investor looking to expand your portfolio or a buyer searching for an affordable property with great growth potential, this home offers everything you need. Act fastthis opportunity won't be on the market for long!
Property Type(s):
Single Family
Last Updated
|
9/6/2024
|
Tract
|
NONE
|
Year Built
|
1997
|
Community
|
01-Dtwn Old Louisville/Shively/West Lou
|
County
|
Jefferson
|
Price History
Prior to Sep 6, '24
|
$95,000 |
Sep 6, '24 - Today |
$94,999 |
Additional Details
AREA |
01-Dtwn Old Louisville/Shively/West Lou |
BASEMENT |
None |
CONSTRUCTION |
Vinyl Siding |
LOT |
3485 sq ft |
PARKING |
Off Street, Driveway |
STORIES |
1 |
SUBDIVISION |
NONE |
WATER |
Public |
Location
Listed with Martin Elite Realty Company
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by IDX Brokerage firms other than Signature One Properties are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers
Information Deemed Reliable but Not Guaranteed.
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Data last updated: 9/18/24 4:14 AM PDT
This IDX solution is (c) Diverse Solutions 2024.
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