725 Boone Place, Morehead, KY 40351

Listing Description

Discover a tremendous investment opportunity in Downtown Morehead! This 3-bedroom, 1-bathroom brick ranch is priced to reflect its current condition offering plenty of room for the improvements and repairs needed to bring it back to life. With its central location, great flat yard and included storage shed this property is ideal for investors, flippers or anyone looking for a project with strong potential. The home is heated with electric baseboard heat which is currently functional and two window A/C units are present; however the seller has no knowledge of their condition or operation. All appliances—including the washer and dryer—will remain with the property but the seller makes no guarantee regarding their functionality. This property is located in a flood area and will require flood insurance if you ever finance. Please note: this home will require extensive repairs including areas of missing subfloor. Inspections are welcome but selling AS IS. Cash or in-house/portfolio loans only—no secondary market financing will be considered including FHA, VA, USDA or Rural Housing. For safety and liability purposes the Hold Harmless form attached to the Seller Disclosure must be signed and returned to the listing agent prior to appointment approval and the listing agent must accompany all showings.