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:    

dropbox.com/sh/wehgnj10wjqqqrd/AABQDOMDLPj0Hfi0TmAv7AIGa?dl=0

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.