312 N 3rd Street Richmond, KY 40475

Prime investment opportunity in the heart of Richmond! This historic property, built in 1893, features a 6-bedroom, 2-bathroom main house with endless potential. Located just minutes from downtown and EKU's campus, it's perfectly positioned for rental income. Behind the main house is a duplex with i...ts own address at 314 Glyndon Avenue, offering two(2) 1-bedroom, 1-bathroom units.The property is non-conforming, allowing for residential or commercial use, making it ideal for creative investors. A portion of the main house was previously used as a salon, highlighting its adaptability. Recent updates to the main house include two heating and AC units replaced within the last 2-3 years and a roof that is approximately 5 years old. Consider transforming the property into college housing, a sorority or fraternity house, or maintaining it as a multi-unit rental. With its central location and income-generating potential, this property offers incredible opportunities for investors. Continue reading