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Frankfort, KY 40601
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Listed
Home details as listed · verify independently
Quiet Street Value-Add — Clear Scope, Strong Rental Potential
This property presents a straightforward renovation opportunity with a defined scope of work and strong rental upside. Located on a very quiet street with convenient local access to shopping, schools, and daily amenities, the setting supports both resale appeal and long-term tenant demand. Importantly, the property is not in a flood zone and was not affected by last year’s flooding, adding confidence for investors.
The home will require updates throughout, including HVAC installation, siding replacement, kitchen and bathroom updates, flooring, and an electric panel upgrade. A closet will need to be added to one room to make it conforming as a legal 2-bedroom, 1-bath, though it could easily function and rent as a 2/1 once improvements are completed.
With a clear renovation plan and strong location fundamentals, this is a manageable value-add opportunity positioned for solid rental income or resale upside once modernized.
Commission
Commission Offered
This opportunity in Frankfort, KY is offered at an asking price of $68,250 as shown on the card. After repair value (ARV) is shown as about $95,000, which implies a gross spread of roughly 28.2 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 1 bedroom, 1 bathroom, 728 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 “light.” 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
