323 High Street, Richmond, KY 40475 - MLS#25503110

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Jordan James

jordanjameslex@gmail.com +1(859) 509-9252

$3,800,000

8 Beds

5 Baths

4,648 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,648 sqft

Price per Sqft $817

Subdivision Downtown

MLS Listing ID 25503110

Style Colonial,Ranch

Bedrooms 8

Full Baths 5

Year Built 1900

Lot Size 0.420 Acres

Property Sub-Type Single Family Residence

Property Description

This is an opportunity for an investor that comes once in a lifetime! Looking for a 1031 exchange? Stop and look here!! 26 Units are available that are in a highly sought out area for rentals. Fully rented with the exception of one rental that will be filled shortly. Beautiful, historic late 1800's early 1900's homes (6 total) that have been used for rentals. Many video tours are attached of the other units, please see video tours. This listing displays 323 High st, the largest of the units. Some of these homes have had a basement apartment added and a few can still have this addition made. Newer apartment (6 unit) and two four plexes ,one triplex building included. These are fast to rent and located in walking distance to EKU, downtown and conveniently located between two I-75 off ramps that are in close proximity. These rental homes also have opportunity for expansion! The rentals included in this sale include 315 High st with 4 bedrooms and a back deck that was completed a year and a half ago (this home has opportunity to expand an apartment underneath the home and a building for rentals can be placed in rear of home). 323 & 327 High st are on the same lot with 323 High st including a very large 6 bedroom home with a back deck, lower 2 bed 2 bath apartment that is rented separate with a separate entrance and back covered patio. 327 High st has a four-plex with four two bedroom two full bath apartments and each unit has a small back yard area or patio. 331 High st is a large 5 bedroom home with a back deck and a 2 bed apartment below that has a covered patio. 335 High st is a large 5 bedroom house with a large back patio, large rooms and a 1 bedroom 1 bath apartment. Behind this house is also a garage that is included with misc doors, windows and other parts usable for rental repairs inside. 337 High st is a fourplex with 4 two bedroom, 2 full bath apartments. Two of those apartments have backyard space. Large parking area in between 323 and 331 high st and the two four-plexes. 335 High st is a 5 bedroom with a back deck and a 1 bedroom apartment below. 337 High st is a six unit apartment building with two three bedroom 2 full bath apartments (one is fully furnished) and 4 two bedroom 1 full bath apartments. All of those units have a back patio and there is a paved parking area in front of the apartment building. 351 High st is a large 5 bedroom home with a back deck and a large yard behind it that may have possibilities for a building to be added behind it and an apartment underneath it. There is off street gravel parking behind this home. 441 Oak st is a 4 bedroom home with a basement, deck was built approx 3 years ago, off street asphalt parking and garage behind the home. 433 Oak st has two four bedroom three full bath units and one three bedroom two full bath unit with a large deck and patio in back. Numerous improvements on these buildings including 3 of the buildings have had new roofs in the last three years, multiple newer HVAC units and improvements. Owner is licensed real estate agent and can answer questions regarding property. Please note the description on this listing includes multiple properties. This house does not have a garage, but there are two garages included with this purchase.

Location

State KY

County Madison

Rooms

Basement Crawl Space, Finished, Partial, Sump Pump

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen, Walk-In Closet(s)

Heating Electric, Forced Air, Heat Pump

Cooling Central Air, Electric, Heat Pump, Multi Units

Flooring Hardwood, Laminate

Fireplaces Type Wood Burning

Laundry Electric Dryer Hookup, Main Level, Washer Hookup

Exterior

Parking Features Other, Detached Garage, Driveway

Garage Spaces 4.0

Fence Partial, Wood

Community Features Park

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Y

View Neighborhood, Trees/Woods

Roof Type Shingle

Handicap Access No

Private Pool No

Building

Story Three Or More

Foundation Block, Slab

Sewer Public Sewer

Architectural Style true

Level or Stories Three Or More

Schools

Elementary Schools Kit Carson

Middle Schools Madison Mid

High Schools Madison Central

Others

Virtual Tour https://my.matterport.com/show/?m=JZfceiRrhNJ

Architectural Style true

Pool YN No

Handicap Accessible YN No

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Imagine MLS / Bluegrass Association of REALTORS (LBAR)

Listed by Rock N' Realty LLC

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Jordan James

+1(859) 509-9252

Agent | License ID: 218977

Agent License ID: 218977

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Lexington, KY

323 High Street Richmond, KY 40475

Jordan James

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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