Investor / rehab opportunity in Madisonville with substantial front-end work completed. Property has been cleaned out and substantially demoed, with a new 200-amp electrical service installed. Structural engineer review completed, sewer line professionally scoped and hydro-jetted, and additional plumbing/electrical due diligence performed. Professional floor plans, preliminary kitchen layout, structural report and sewer-scope video available to serious buyers. Multiple renovation layouts evaluated, including 3BR/2BA, 3BR/2.5BA and 3BR/3BA. Seller/agent estimated ARV approximately $390K-$395K based on nearby renovated 3BR sales; buyer to independently verify ARV, scope, permits and costs. Property may qualify for tax abatement on eligible improvements; buyer to verify requirements. As-is sale.
Courtesy of Jennifer Burke with Lohmiller Real Estate
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