Location

Create a free account to unlock the full address — and get new deals in your inbox.

Paducah, KY 42001

Details

• Type: Single Family
• Bedrooms: 5
• Bathrooms: 2
• Square Feet: 1880
• Total Units: 1

Description

Property Details

• Bedrooms: 5
• Bathrooms: 2
• Living Area: 1,880 Sq. Ft.
• Lot Size: Approximately 9,000 Sq. Ft.
• Year Built: 1941
• Property Type: Single-Family Residential
• Occupancy: Vacant 
• Condition: Needs cosmetic renovations and updates. Siding, Windows, Chimney Repair. 

Investment Overview

• Current Contract Price: $147,000
• Estimated ARV: $285,000 (PropStream estimate; subject to comparable sales)
• Estimated Rehabilitation: $50,000-70,000

Property Condition & Rehabilitation

The property offers an opportunity for investors seeking a value-add renovation project with substantial potential equity.

Estimated Scope of Work:

• Interior cosmetic updates
• Kitchen and bathroom improvements as needed
• Flooring, paint, and general finish work
• Miscellaneous repairs and property improvements
• Additional work subject to investor inspection

Major Positive: HVAC system was reportedly replaced within the last year, potentially reducing a significant capital expenditure.

Investment Highlights

• Spacious 5-bedroom, 2-bathroom layout
• Approximately 1,880 square feet of living space
• Potential for a strong equity position following renovations
• Newer HVAC system
• Significant difference between acquisition cost and estimated after-repair value
• Suitable for fix-and-flip investors or long-term rental investors, subject to market analysis