1220-1222 Clear Ridge Lane, Radcliff Ky 40160

6 Beds / 4 Baths • 2,448 SqFt
Offer Submission Deadline
  • 2-4 Unit
  • 6
  • 4
  • 1983
  • 2448
  • No Garage

Description

Investment Opportunity: Duplex for Wholesale in Radcliff, KY

Address: 1220 & 1222 Clear Ridge Lane, Radcliff, KY 40160

Property Type: Duplex

Built: 1983

Price: $120,000

Details:

  • Unit Layout: Each unit features 3 Bedrooms and 1.5 Bathrooms
  • Above Ground Square Footage: 1,224 sq ft per unit
  • Basement: 612 sq ft per unit

Investment Highlights:

  • Rehabilitation Estimate: $25,000 - $40,000, depending on your preferences and level of finishes
  • Rental Potential: $1,100 - $1,300 per month per unit
  • Total Monthly Rental Income: Up to $2,600
  • Cap Rate: Excellent potential for high returns once rehab is complete

Why Invest:

  • Prime Location: Situated in a desirable neighborhood in Radcliff, KY
  • Strong Rental Market: High demand for rental properties in the area
  • Value Add Opportunity: Increase property value and rental income with a strategic rehab

This duplex won't last long on the market. Act fast to secure this great deal!

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Comp 1 : https://www.zillow.com/homedetails/1388-Kingswood-Way-Radcliff-KY-40160/215075843_zpid/

Comp 2: https://www.zillow.com/homedetails/1386-Kingswood-Way-Radcliff-KY-40160/96935255_zpid/

Comp 3: https://www.zillow.com/homedetails/1023-Ryans-Ct-Radcliff-KY-40160/215076667_zpid/


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Estimated Spread

  • ARV $260,000
  • Price $120,000
  • Spread $140,000