262 Palace Ave, Elsmere, KY 41018

Property Status: Canceled (Wholesale) |  Canceled: $90,000.00

2 Bedrooms / 2 Baths / Multiple Family

Property Photos
262 Palace Ave (Image - 1)

$1400 to $1500 per month investment property for $90k https://www.dropbox.com/sh/wehgnj10wjqqqrd/AABQDOMDLPj0Hfi0TmAv7AIGa?dl=0

Property Status:
This Property is currently...
  • Status: Canceled (Wholesale)
  • Canceled: $90,000.00
Property Details:
2 Bedrooms / 2 Baths / Multiple Family
Property Style:
Finished Sq Ft:
2 Car Detached
No Basement
Owner / Agent:
Property Features:
No Property Features Listed.
Contact Info
Property Description:

2 Unit Multi Family in Elsmere, KY assignment contract for sale. Great Buy and Hold.

Details are as follows:

Rentals are between $700 - $ 800 per unit. Has a large detached 2+ car garage that will help in more rent. Also has another storage building.


See link for lots of pictures:    


Assignment contract is : $90,000.00 CASH

$2,000 non refundable EMD due at signing assignment agreement

Buyer pays all CC  and taxes and assessments due after the date of closing

Closing is with Northwest Title



262 Palace Avenue Elsmere, KY 41018

Multifamily - 1,680 sq ft Square feet – each unit is a 1 bed, 1 bath


 Has Separate furnace, electric & gas

Seller spent around 25k updating the downstairs, also has new electrical service that was done in 2014\15.

House needs a new roof, some leaking in the upstairs unit. Needs one new furnace, kitchen & Bath upstairs, carpet and paint upstairs.

Bottom unit in good condition, does not need anything

This house has been in their Family the whole time. Always kept up and in good condition.

Bottom unit has a MONTH TO MONTH tenant, he is trying to move out and buy his own house, rent is heavily discounted at $ 550 a month. 

Serious cash buyers only. want a fast close.

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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