$152,000
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709 Melanie Lane Mt Sterling, KY 40353
Multi-Family
Residence
6
Beds
2
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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*Serious Buyers Only *Duplex is available for single duplex contract offers and listed for the current appraised value of $152k as of April 2024 *Appraisal report & appraisal photos available upon request *Pre-approval letter or proof of cash funds required for ability to purchase in advance of sche...duling any showing appointment *Minimum 48 hour notice required for all showings *Tenants are on month to month leases and have been tenants for more than 5 years *Current rent for the 2 units are $575 for one side & $600 for the other side *Both units are due $100 per month increases of $100 in February 2025 and both tenants are aware of the future increases *Appraisal estimated monthly market rent $1,350 total of both sides *Ages of heat and air units are approx. 16 years *Roof is approx.20 years *Short drive to Botts Park & Easy Walker Park *Sold As-Is, no seller repairs or improvements *Terrific opportunity to begin your own real estate investment business! *Possible purchase package acceptable with 596 Magnolia, 600 Magnolia, 1204 Larkwood, 1205 Larkwood, 738 Cobbler *Call, text or email for more information today!
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MLS#
24010854
Property Type
Multi-Family
Bedrooms
6
Bathrooms
2 Full
Year Built
1963
Lot Size
0.44
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