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$60,000
3 Beds
1 Bath
981 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 981 sqft
Price per Sqft $61
Subdivision Rural
MLS Listing ID 26002832
Bedrooms 3
Full Baths 1
Lot Size 0.400 Acres
Acres 0.4
Property Sub-Type Single Family Residence
Property Description
Welcome to 290 KY 643, a solid 3-bedroom, 1-bath investment property offering an excellent opportunity for investors seeking strong returns with minimal upfront work. The sellers have never occupied the home, but major systems have been inspected visually and appear to be in very good condition, making this an ideal value-add property. The electric, plumbing, septic system, heat source, water heater, and fixtures all appear sound, allowing investors to focus primarily on one key improvement. Flooring is very soft in portions of the home and will need to be replaced, while some areas remain in good condition and can stay. Once flooring is addressed, the property is rent-ready immediately. This property presents a great BRRRR opportunity—light rehab, stabilize with rental income, and build equity quickly. With no major mechanical updates needed, this is a straightforward project well-suited for cash buyers or investors using renovation financing. Key Highlights: 3 Bedrooms | 1 Bathroom Strong bones with major systems in good shape Minimal rehab focused primarily on flooring Rent-ready immediately after floor replacement Excellent value-add and BRRRR potential Ideal for long-term rental or portfolio expansion Financing Terms: Cash offers or 20% down Conventional Renovation Loans ONLY. Other loan types can be negotiated for a higher purchase price with seller completing subfloor work and buyers choice of floor covering installed before closing once negotiated and offer signed. Feel free to discuss all options.
Location
State KY
County Lincoln
Interior
Interior Features Ceiling Fan(s)
Heating Dual Fuel
Flooring Laminate
Laundry Electric Dryer Hookup, Main Level, Washer Hookup
Exterior
Utilities Available Electricity Connected, Water Connected
View Y/N N
Roof Type Metal
Handicap Access No
Private Pool No
Building
Story One
Foundation Block
Sewer Septic Tank
Level or Stories One
Schools
Elementary Schools Highland
Middle Schools Lincoln Co
High Schools Lincoln Co
Others
Pool YN No
Handicap Accessible YN No
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Listed by Keller Williams Commonwealth - Stanford
Nearby School & Business
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