1717 Charleston Ct

Lexington, KY 40505
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3 bd, 1 ba | 1,018 sqft | Built in 1963

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For Sale

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List Price
$189,900

Initial Investment

$51,748
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$189,900

Down Payment

25%

Rent

$1,100

Total Return

$61,207

Annualized Return

15.9%

Cap Rate

4.3%

Gross Yield

7.0%

Cash Flow

-$2,681

Appreciation

7.0%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

6,160

HOA

None

Flood Risk

Not Required

Nice remodel in a convenient location close to many restaurants, shopping, New Circle Rd and I-75!! This three bedroom and one full bath is situated on a fully fenced in flat yard and offers a refinished wood deck and a nice storage shed for extra storage. The home includes a good sized living room upon entry w/ refinished hardwood floors, kitchen w/ laminate flooring, walk in laundry room, three nice bedrooms w/ refinished hardwood flooring and a large full bath. The current owner has recently replaced the roof with metal roofing, updated plumbing & lighting fixtures, refinished the wood deck and ordered new replacement windows that will be installed in a few weeks. In addition, the owner states the heating and cooling is less than 3 years old. Set your showing today before it is too late!

See more in Analysis
Daniel David
eXp Realty
KY Agent License #218644

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Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$3,066

Property Taxes

-$1,831

Loan Payments

-$10,324

Net Cash Flow

-$2,681

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Colby Davis
Agent License 215697
ERA Select Real Estate
Certified Agent Brokerage:Daniel David
eXp Realty
KY Brokerage License 239076
SourceLexington Bluegrass Association of Realtors (LBAR)
MLS #22024150
Last Updated: 11/18/2022 11:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.