Get email alerts for new off-market deals — curated drops, no spam.Get deal alerts via email
Explore more off-market investment opportunities like this one.
Frankfort, KY 40601
0 views
Listed
Home details as listed · verify independently
Clean Value-Add Opportunity with Garage and Basement
Frankfort, Kentucky
This Frankfort property offers a straightforward value-add opportunity in a convenient river-adjacent area. The home is well positioned for either a light flip or a rental hold, with a functional layout, a 2-car garage, and a basement that adds flexibility for storage or future use. Some rooms have been freshly painted, helping reduce initial prep work, and the home primarily needs a cleanup and basic landscaping to sharpen curb appeal.
The interior requires only minor cosmetic repairs. The main bathroom has just been remodeled, while the half bath only needs a toilet installed to be complete. The kitchen needs light cosmetic and functional updates, making this a manageable project with a quick path to market readiness. The basement requires only minor cosmetic touches as well.
The property is located near the river and may be in a designated flood plain, and buyers should perform their own due diligence. Overall, this is a clean, efficient value-add project with solid features and minimal renovation complexity.
Commission
Commission Offered
This opportunity in Frankfort, KY is offered at an asking price of $162,750 as shown on the card. After repair value (ARV) is shown as about $185,000, which implies a gross spread of roughly 12.0 percent off ARV if you use the list price and this ARV as-is. Treat that as a first-pass screen, not a comp confirmation. The property is described with 2 bedrooms, 1.5 bathrooms, 1,539 square feet. Tour or pull rent rolls if the asset is occupied so your rehab scope and lease assumptions match the real layout. Rehab is tagged as “cosmetic.” In practice, you should open walls and verify every major system, because tags rarely capture the full story on a wholesale lead. Occupancy is noted as “Vacant.” If anyone is in place, schedule access carefully, align showings with local rules, and underwrite for rental income or a formal vacancy path before you take assignment. The list is marked Wholesale—use that to frame exit math (flip spread, fee for wholesale, or long-term DSCR if the plan is a rental hold). The structure is represented around 1980; older vintages can hide lead, cast iron, and foundation work—budget a contingency. Verified seller contact is available on the listing, which speeds diligence once you are serious. Verify ARV, repair scope, access, and title with your own people before you rely on any line in this write-up. Nothing here is a guarantee of value or condition.
Timeline
Posted · Updated
Strategy: Wholesale
