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London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale

290 Ky-643, Waynesburg, KY 40489

$79,500
  • 290 Ky-643, Waynesburg, KY 40489 Main Photo

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Active
BEDS3 BATHS1 full SQUARE FEET981 MLS#26002832
STATUS PROPERTY TYPEResidential - Single Family SUBDIVISIONRural SCHOOLLincoln County - 24

Property Description

Welcome to 290 KY 643, a solid 3-bedroom, 1-bath investment property offering an excellent opportunity for investors seeking strong returns with minimal upfront work. The sellers have never occupied the home, but major systems have been inspected visually and appear to be in very good condition, making this an ideal value-add property. The electric, plumbing, septic system, heat source, water heater, and fixtures all appear sound, allowing investors to focus primarily on one key improvement. Flooring is very soft in portions of the home and will need to be replaced, while some areas remain in good condition and can stay. Once flooring is addressed, the property is rent-ready immediately. This property presents a great BRRRR opportunity???light rehab, stabilize with rental income, and build equity quickly. With no major mechanical updates needed, this is a straightforward project well-suited for cash buyers or investors using renovation financing. Key Highlights: 3 Bedrooms | 1 Bathroom Strong bones with major systems in good shape Minimal rehab focused primarily on flooring Rent-ready immediately after floor replacement Excellent value-add and BRRRR potential Ideal for long-term rental or portfolio expansion Financing Terms: Cash offers or 20% down Conventional Renovation Loans ONLY. Other loan types can be negotiated for a higher purchase price with seller completing subfloor work and buyers choice of floor covering installed before closing once negotiated and offer signed. Feel free to discuss all options.

290 Ky-643 | MLS# 26002832

This single family home located at 290 Ky-643, Waynesburg, KY 40489 is currently listed for sale with an asking price of $79,500. This property has 3 bedrooms and 1 full baths with 981 sq. ft. Ky-643 is located in the Rural subdivision within the Lincoln County - 24 school district. Search Rural real estate on www.salliedavidson.com today.

Property Features

Property Type: Residential - Single Family
Heating: Dual Fuel
Lot Size: 0.40 Acres
Roof Type: Metal
Stories: 1.0

Amenities

Ceiling Fan(s)

Feature Descriptions

Days on Site: 13
Exterior: Aluminum Siding
Flooring: Laminate
Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
Lot Dimensions: 0.400 acre(s)
Parcel #: 65-010
Rooms Total: 7
Structures: Shed(s)
Utilities: Electricity Connected, Water Connected

Local Schools

High School: Lincoln Co
Middle School: Lincoln Co
Elementary School: Highland
School District: Lincoln County - 24

Listed By / Shown By

Listed By

Agency Name: Keller Williams Commonwealth - Stanford

Shown By

Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000

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Estimated Payment

$ 308.78 per month $285.59 Principal & Interest $0.00 Property Tax (data not provided by mls) $23.19 Homeowner's Insurance

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