$79,500

290 KY-643, Waynesburg, KY 40489

  • 3 beds |
  • 1 bath |
  • 981 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $81/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Welcome to 290 KY 643, a solid 3-bedroom, 1-bath investment property offering an excellent opportunity for investors seeking strong returns with minimal upfront work. The sellers have never occupied the home, but major systems have been inspected visually and appear to be in very good condition, making this an ideal value-add property. The electric, plumbing, septic system, heat source, water heater, and fixtures all appear sound, allowing investors to focus primarily on one key improvement. Flooring is very soft in portions of the home and will need to be replaced, while some areas remain in good condition and can stay. Once flooring is addressed, the property is rent-ready immediately. This property presents a great BRRRR opportunity—light rehab, stabilize with rental income, and build equity quickly. With no major mechanical updates needed, this is a straightforward project well-suited for cash buyers or investors using renovation financing. Key Highlights: 3 Bedrooms | 1 Bathroom Strong bones with major systems in good shape Minimal rehab focused primarily on flooring Rent-ready immediately after floor replacement Excellent value-add and BRRRR potential Ideal for long-term rental or portfolio expansion Financing Terms: Cash offers or 20% down Conventional Renovation Loans ONLY. Other loan types can be negotiated for a higher purchase price with seller completing subfloor work and buyers choice of floor covering installed before closing once negotiated and offer signed. Feel free to discuss all options.

Listing Status:
Active
Date Added:
March 2, 2026
Data Last Updated:
April 2, 2026 at 7:38AM
Listing Office:
Keller Williams Commonwealth - Stanford : 606-669-6200
MLS ID:
26002832
  • General: Ceiling Fan(s)
  • Laundry: Electric Dryer HookupMain LevelWasher Hookup
  • Flooring: Laminate
  • A/C: None
  • Heating: Dual Fuel
  • General: Shed(s)
  • Other Structures: Shed(s)
  • Roofing: Metal
  • General: Aluminum SidingOneBlock
  • Originating MLS: Imagine MLS (Bluegrass REALTORS®)
  • School District: Lincoln County - 24
  • County: Lincoln
  • Zoning: 65-010
  • Utilities: Electricity ConnectedWater Connected
  • Water: Public
  • Sewer: Septic Tank
  • Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of Keller Williams Commonwealth - Stanford

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Highland Elementary School

75 Tick Ridge Rd, Waynesburg, KY, 40489

Grades PK-5

2.25 miles away

L

Lincoln County Middle School

285 Education Way, Stanford, KY, 40484

Grades 6-8

4.05 miles away

L

Lincoln County High School

60 Education Way, Stanford, KY, 40484

Grades 9-12

4.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.