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$2,275,000
31 Beds
29 Baths
8,956 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 8,956 sqft
Price per Sqft $254
Subdivision Ash Park
MLS Listing ID 26031217
Bedrooms 31
Full Baths 29
Year Built 1988
Lot Size 0.536 Acres
Acres 0.54
Property Sub-Type Apartment
Property Description
Don't miss this exceptional opportunity to own a portfolio of 29 rental units in the heart of Richmond, Kentucky!
The portfolio consists of two conveniently located properties. The first property, located at 1516 E. Irvine Street, features 21 ground level rental units, including 20 one-bedroom units and one two-bedroom unit.
The second property, located at 702 and 704 N. 3rd Street, offers an additional 8 rental units, consisting of four one-bedroom units and four two-bedroom units.
These properties offer an excellent opportunity for investors looking to expand their rental portfolio in a desirable rental market.
With strong rental demand, consistently high occupancy, and established long-term tenants, this portfolio offers an opportunity to acquire multiple income producing units in one investment.
Whether you're an experienced investor looking to grow your portfolio or someone seeking a substantial real estate investment, this is an opportunity worth exploring!
The portfolio consists of two conveniently located properties. The first property, located at 1516 E. Irvine Street, features 21 ground level rental units, including 20 one-bedroom units and one two-bedroom unit.
The second property, located at 702 and 704 N. 3rd Street, offers an additional 8 rental units, consisting of four one-bedroom units and four two-bedroom units.
These properties offer an excellent opportunity for investors looking to expand their rental portfolio in a desirable rental market.
With strong rental demand, consistently high occupancy, and established long-term tenants, this portfolio offers an opportunity to acquire multiple income producing units in one investment.
Whether you're an experienced investor looking to grow your portfolio or someone seeking a substantial real estate investment, this is an opportunity worth exploring!
Location
State KY
County Madison
Zoning B-3
Interior
Heating Ductless
Cooling Wall Unit(s)
Exterior
Parking Features Gravel, On Site, Paved
Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Available, Water Available, Underground Utilities
View Y/N N
Roof Type Shingle
Handicap Access No
Private Pool No
Schools
Elementary Schools Daniel Boone
Middle Schools Clark-Moores
High Schools Madison Central
Others
Pool YN No
Handicap Accessible YN No
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Listed by ERA Select Real Estate
Nearby School & Business
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