Courtesy: Cornerstone Realty & Auction
859-304-5051
Investment Opportunity in Lancaster, KY at 139/149 Cardinal Circle, 140/152 Cardinal Circle. 160/172 Cardinal Circle, and 233/251 Cardinal Circle. Whether you're an experienced investor or looking to add multifamily properties to your portfolio, this is an opportunity worth a closer look. This package includes 4 duplexes for a total of 8 rental units, all centrally located in Lancaster, Kentucky. All eight units are currently leased, offering an established income stream from day one. Each unit features 2 bedrooms and 1 bath, providing a practical floor plan with strong appeal for long-term tenants. With eight income-producing units included in one portfolio, this is a great opportunity to expand your current real estate holdings or make a larger move into multifamily investing. Properties with multiple units and existing tenants don't come along every day; take advantage of the opportunity to add 8 doors to your portfolio at once! 4 Duplexes 8 Total Units All Currently Leased 2 Bedrooms & 1 Bath Per Unit
Courtesy: Danny Ayres Realty & Auction
859-792-4025
This well-maintained quadplex is an outstanding investment opportunity featuring numerous recent upgrades that enhance both value and tenant appeal. Major improvements include a 3-year-old roof, a new Rheem heat pump system, a newly constructed back deck, and a beautifully remodeled foyer that creates an inviting first impression. The property also offers a paved parking lot for added convenience and low maintenance. Ideally located close to shopping, restaurants, schools, and other local amenities, this income-producing property combines modern updates with a highly desirable location, making it an excellent addition to any investment portfolio.
Lancaster is located in Kentucky. Lancaster, Kentucky has a population of 3,845. Lancaster is less family-centric than the surrounding county with 20.77% of the households containing married families with children. The county average for households married with children is 29.69%.
The median household income in Lancaster, Kentucky is $42,641. The median household income for the surrounding county is $58,137 compared to the national median of $69,021. The median age of people living in Lancaster is 36.2 years.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 45.4 inches per year, with 12 inches of snow per year.
