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2527 Saint Cecilia St

$19,500

Assignable Contract - SFH

Property Description

✨ Contact for Showing Details ✨

📣 Investor Special – Louisville, KY
💰 Asking Price: $19,500 + Closing Costs

🏠 1 Bed | 1 Bath | ~790 Sq Ft | Lot ~2,997 Sq Ft | Built 1900

🔑 Property Snapshot:
Single-Family | ~790 sq ft
1 Bedroom / 1 Bathroom
Lot Size: ~2,997 sq ft
Year Built: 1900 | Vinyl Siding | Cellar w/ Crawl
🔧 Major Rehab Items:
Roof: 20+ years – replacement needed
HVAC/Furnace: Outdated – replace
Water Heater: Nonfunctional – replace
Windows: 20+ years, vinyl – replace
Electrical: Older Square D 100A panel – full upgrade needed
Plumbing: Copper + PEX mix – functional but updating recommended
Interior: Full gut rehab (floors, drywall, kitchen, bath, fixtures)
💰 Numbers That Matter:
Rental Market (1/1): ~$800/month (using similar nearby listings)
If converted to 2 Bedroom (if feasible): ~$950-$1,100/month
Projected Gross Rent: ~$9,600-$12,000 annually (as 1 bed)
Est. Rent-Ready Rehab: probably $25K-$40K depending on condition still holds
ARV (Flip Resale): Using the sold comps, a flip could target $100,000-$120,000, depending on finish quality and if adding a bed.
📊 ARV Comp:
2532 Saint Cecilia St (2/1, 880 sqft): Renovated – Sold $109,500
➡️ After Repair Value (ARV): ~$105,000-$120,000

✅ Why Investors Love This Deal:
Low Buy-In: Only $19,500 entry + closing
Cash Flow Play: Strong Section 8 rental demand in 40212
Flip Potential: $105-120K ARV backed by direct same-street comp
Equity Spread: $19.5K buy + ~$50K rehab = ~$105K resale → ~$35K+ potential profit
📩 Investor Opportunity:
Perfect for Landlords (high ROI) or Flippers (margin $40K–$50K+)
Sold As-Is – Buyer to do own due diligence


Full Rehab

Bedrooms

1

Bathrooms

1

Sqft

790

Built Year

Main Location

Louisville KY 40212

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