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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
17
Photos
3
beds
1
bath
1,010
sqft
Built in
1997
Prime Investment Opportunity - 2505 Magazine St | 3BD/1BA | Over 1,000 Sq Ft This 3-bedroom, 1-bath home offers over 1,000 sq ft of living space and is an ideal investment for those looking to maximize rental income. Located in a rapidly growing area, this property has strong potential for Section 8 tenants, with fair market rent significantly above the 1% rule for similar homes. Priced to sell at just $95,000, this is an excellent opportunity to secure a high-performing asset with strong cash flow. Key Features: -Over 1,000 sq ft of well-maintained living space -Section 8 potential with fair market rents offering excellent income opportunities -Easily meets the 1% rule, ensuring a solid return on investment -Priced competitively at $95,000, making it an attractive option for investors Whether you're an investor looking to expand your portfolio or a buyer searching for an affordable property with great growth potential, this home offers everything you need. Act fastthis opportunity won't be on the market for long!
Features & Amenities
Interior
- Basement:
- None
- Fireplace:
- Fireplaces: 0
Exterior
- Parking:
- Off-Street Parking, Entry Rear, Driveway
Construction
- Roofing:
- Shingle
- General:
- Wood Frame, Vinyl Siding, 1, Crawl Space
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- Metro Search (Greater Louisville Association of REALTORS®)
- School District:
- Jefferson
- County:
- Jefferson
Lot
- Zoning:
- 001B00260000
- Fencing:
- Partial
Utilities
- Utilities:
- Public Water
Financial
- Source:
- Metro Search (Greater Louisville Association of REALTORS®)
This listing courtesy of:
Martin Elite Realty Company
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Louisville, KY
Housing
- Number of Units
- 351,031
- Median Home Value
- $209,186
- Median Rent
- $763
38.97% of housing units are renter occupied.
8.02% are vacant.
Commute
- Car
-
70.02%
- Public Transportation
-
2.15%
- Walk to Work
-
1.43%
- Work from Home
-
24.92%
- Other
-
1.23%
The median travel time to work is 19 minutes.
People
- Population
- 767,512
- Median Age
- 38.80
- Median Household Size
- 2.55
Education
- High School
-
26.85%
- Associate’s Degree
-
8.35%
- Bachelor’s Degree
-
20.68%
- Graduate Degree
-
13.22%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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