Active
  • Price cut: $11K (9/25)
    $260,000

    1109 Kavanaugh Blvd, Little Rock, AR 72205

    4beds
    2,734sqft
    : 
    Single Family Residence
    Built in 1920
    5,227.2 Square Feet Lot
    $262,600 Zestimate®
    $95/sqft
    $-- HOA

    What's special

    FIXER UPPER ALERT!! Here's a great opportunity for only the most experienced investors. See online docs for: Appraiser Measured SF - 2734, estimated reno - $152k, Comp Report - $585k++. Everything from the roof to the basement will need to be renovated. Ceiling heights in the basement exceed 7 feet tall (meet ANSI standards). The basement was previously set up as an apartment, but can be converted to any space that you like. Located in the exclusive Heights/Hillcrest area, this home has tons of potential. Based on the 75% Rule, this home still has plenty of meat left on the bone for someone looking for a good ROI: ARV ($585k) x 75% = $438,750 - Reno ($152k) = Offer Price ($286,750). Sold as is, no disclosure. Do your due diligence before making an offer. Seller will not go under contract with an inspection contingency (Box 16.A on contract/ Box 1.C. on IRSA).***See agent remarks***
    35 days
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