305 Oak Street, Ludlow, KY 41016

4 Bedrooms / 4 Baths / Multiple Family

For Sale: $7,000.00

Available (Wholesale)

Contact Info

Intellectual Properties, LLC
 (859) 935-1991

View On Property Owner's Website

$7,000 down, $556 per month, 108 payments OR purchase for $52k

The 3 units in this rental generate $1330 per month. All units are rented. The unit on the second floor needs the most attention and could be rehabbed while collecting $500 per month. The tenant hasn't lived there for many years. She uses the address so her children can attend Ludlow schools. She also stores stuff there. This unit is your standard rehab. The back unit needs some relatively minor attention (while the current tenant lives there) and the one in the front only needs a piece of carpet for the front living room to make the tenant happy. Tenant has lived there for over 22 years. This tenant cuts the grass and takes care of any exterior maintenance. When the unit is vacated it will need some rehab.

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