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Value-Add Investment Opportunity | Offered at $85,000

$93,000 • • 2,294 SqFt

Available

Offer Submission Deadline

House Type Single Family House
Year Built 1976
Approx.SqFt. 2294
Lot size SqFt. 11900

Description

This 2,294 sq ft property offers a compelling opportunity for investors seeking forced appreciation in the Covington 38019 market. Originally built in 1976, the property is currently configured as a triplex and will require conversion back to a single-family residence.

With city electricity, water, and sewer already in place, the groundwork for redevelopment is solid. Based on nearby comparable sales reaching $240,000–$250,000, the estimated post-renovation value is approximately $200,000.

Property Highlights:

2,294 sq ft of livable space
Single-family conversion opportunity
City utilities
Investor-friendly price point
Strong nearby resale comps

Offered as-is and ideal for investors, builders, or value-add buyers.

📩 Contact us to request photos, details, or submit an offer.

⚠️ Disclosure & Disclaimer:

Seller/assignor holds an equitable interest in the property. This is a wholesale transaction. Property is offered as-is, where-is, with no representations or warranties of any kind. Buyer is responsible for all due diligence. Assignment of contract may occur.

📩 Contact us to request additional details or submit an offer.