413 N 20th St
$78,000
Assignable Contract - SFH
Property Description
✨ Contact for Access Details ✨
💰 Investor Special – 40203
Proven Section 8 Cash Flow – Tenant Previously Paid $1,100/Month
🏡 Property Snapshot
Single-Family | ~1,092 sq ft
3 Bedrooms / 1 Bathroom
Lot Size: ~3,000 sq ft
Built 1900 | Vinyl Siding
🔑 Major Updates
Roof: Brand-new (7 months old)
HVAC: 2018 Goodman system
Water Heater: A.O. Smith 7 to 10 years old (serviceable)
Windows: Vinyl replacements (updated)
Electrical: Breaker panel – safe & functional
Plumbing: Copper/PVC; small leak under sink to repair
📊 Numbers That Matter
Previous Rent: $1,100/month Section 8 (seller history)
HUD Market Range: $1,000–$1,200/month typical for 3/1 in 40203
Projected Gross Rent: $12k–$16.8k annually
Est. Rent-Ready Rehab: $8k–$15k (paint, flooring refinish, minor updates)
✅ Why Landlords Love This Deal
Big-ticket items handled (roof, HVAC, windows, mechanics)
Proven Section 8 income stream at $1,100/month
Low CapEx = minimal headaches
Portland neighborhood = strong demand from voucher tenants
📞 Investor Opportunity – Call/Text Today
This one won’t last. Rent-ready with guaranteed cash flow potential!
Bedrooms
3
Bathrooms
1
Sqft
1092
Built Year
Main Location
Louisville KY 40203