Courtesy: Murphy Realty Group
859-498-1275
Great Investment Opportunity! There are 8 Rental Units in a Triplex, House, and 4 manufactured homes situated on approximately 3 acres. This income-producing property presents an outstanding opportunity for investors seeking multiple rental streams. Designed with a park-like atmosphere, the grounds feature mature shade trees, and a country setting. Improvements include newer septic systems, along with updates to several units featuring modern flooring and upgraded appliances. A short drive from the Mountain Parkway, the property offers easy access to surrounding communities, local conveniences, and outdoor destinations including Red River Gorge. If you are searching for a property with strong income potential and future possibilities, you won't want to miss this one.
Courtesy: Napier Realtors
859-355-5310
This multi-family Triplex income property features three spacious Units. Two Units have 2 bedrooms / 1 bathroom . The third unit features 3 bedrooms/3 bathrooms. Two units are currently rented. One unit has just recently been vacated and is currently open for showings. Two units have had updates within the past two years with new HVAC systems and rear 8 x 10 decks. The roof was replaced 9 yrs ago a new blacktop parking lot for the Triplex tenants. A Survey and floor plans are available with Sellers Disclosure. Easy access to schools, professional offices, restaurants and the Bert T Combs Mt Parkway. Located 45 minutes from Lexington I-75 and minutes from the Red River Gorge. Conveniently located with steady rental demand. Whether you're expanding your portfolio or entering the multifamily space, this is a rare value-add opportunity with multiple revenue streams already in motion with current income. Please allow 48 hours to notify tenants in two of the units for a showing. Showings can be scheduled with proof of funds or a lender pre-approval letter from potential buyers.
Clay City is located in Kentucky. Clay City, Kentucky has a population of 1,097. Clay City is less family-centric than the surrounding county with 15.04% of the households containing married families with children. The county average for households married with children is 30.52%.
The median household income in Clay City, Kentucky is $19,643. The median household income for the surrounding county is $39,493 compared to the national median of $69,021. The median age of people living in Clay City is 39.8 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 22.4 degrees. The average rainfall is approximately 48.7 inches per year, with 10.9 inches of snow per year.
