Investor Opportunity! Fully occupied 4-plex generating $3,770 per month in gross rental income with the potential to increase cash flow to approximately $4,000 per month through future rent adjustments. This well-maintained multifamily property offers immediate income and strong upside potential for both seasoned and first-time investors. Three of the four units have been extensively updated, while the fourth unit features fresh paint and is well maintained. Major capital improvements include a new septic system installed in 2024 and new water heaters in two of the units, helping reduce future maintenance concerns and increase investor confidence. Conveniently located near Franklin, KY, this property provides easy access to Highway 31W and is within commuting distance of Bowling Green's major manufacturing employers. Tenants will also appreciate the proximity to the local golf course, shopping, dining, and everyday conveniences. Whether you're looking to expand your portfolio or acquire a turnkey income-producing asset, this fully occupied 4-plex offers strong current cash flow, value-add potential, and a desirable location. Opportunities like this are hard to find in today's market.
This duplex is an amazing investor opportunity! This property has new finishes and is currently vacant, the opportunities are endless with income potential! Contact me today for a showing!
Looking For a Turn-Key 4-Plex Investment Opportunity Fully occupied and income-producing 4-plex featuring (4) 2-bed, 1-bath units. Property has been well maintained with numerous updates, including: new windows throughout, new water heaters, new flooring in 2 units, updated kitchens & new interior doors new decks, fresh landscaping and a completely new engineered septic system Current rent roll: $3770 + 100% occupancy with all tenants current on rent. This property offers immediate cash flow with future upside from continued appreciation and rental demand. A solid addition to any investment portfolio.
Franklin is located in Kentucky. Franklin, Kentucky has a population of 9,885. Franklin is less family-centric than the surrounding county with 26.88% of the households containing married families with children. The county average for households married with children is 29.33%.
The median household income in Franklin, Kentucky is $51,324. The median household income for the surrounding county is $53,420 compared to the national median of $69,021. The median age of people living in Franklin is 34.4 years.
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 49.9 inches per year, with 2.7 inches of snow per year.
