814 5th Ave, Frankfort, KY 40601, USA

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.