Courtesy: Lifstyl Real Estate
859-278-7501
Exceptional investment opportunity! Own the entire Cul-de-sac of 202-228 Larkin Bay. Property features 14 duplexes, totaling 28 units with 56 bedrooms and 56 full baths. Each 912 sq. ft. unit includes a separate living area, combined kitchen and eating space with conveniently located side exit door, 2 bedrooms, 2 full baths and a separate utility room. Tenants will appreciate the concrete parking pad for 2 cars per unit and additional street parking. Upgrades include new roofs and furnaces in 2023. Excellent location close to the Bypass, schools, shopping and restaurants. With 100% occupancy and each unit renting for $800 per month, this property ensures a stable and profitable long-term investment. Don't miss out on this rare opportunity.
Courtesy: RE/MAX Creative Realty
859-422-2000
The sellers prefer to sell all 6 duplexes as one package but will consider these options - *Single duplex on 1204 Larkwood - appraised value $162k *Single duplex on 1205 Larkwood - appraised value $162k *Package of 4 Duplexes: 596 Magnolia, 600 Magnolia, 709 Melanie, 738 Cobbler - appraised value $710k *Package of all 6 Duplexes = appraised value $1,034,000 * All 6 duplexes priced at appraisal value. Appraisal reports & photos available upon request. Minimum 48 hour notice for showings. Pre-approval letter or proof of funds required for ability to purchase. *All units occupied with tenants of 5-10 years are month to month *All units are due $100 per month increase end of July 2024 with a 2nd increase of $100 February 2025 *Current rent amounts: *596 Magnolia - $450 & $600, *600 Magnolia - $550 & $688, *1204 Larkwood - $500 & $500, *1205 Larkwood - $500 & $500, *709 Melanie - $475 & $500, *738 Cobbler - $650 & $550. *Ages of heat and air approximate - 596 Magnolia 2001, rest on Magnolia are original / Larkwood between 2010 to 2013 / 709a Melanie 2008 / Cobbler new 2003 *All roofs have been replaced within past 7 years except Melanie approx. 20 years and Cobbler 2003 *Sold As-Is.
Courtesy: RE/MAX Creative Realty
859-422-2000
The sellers prefer to sell all 6 duplexes as one package but will consider these options - *Single duplex on 1204 Larkwood - appraised value $162k *Single duplex on 1205 Larkwood - appraised value $162k *Package of 4 Duplexes: 596 Magnolia, 600 Magnolia, 709 Melanie, 738 Cobbler - appraised value $710k *Package of all 6 Duplexes = appraised value $1,034,000 * All 6 duplexes priced at appraisal value. Appraisal reports & photos available upon request. Minimum 48 hour notice for showings. Pre-approval letter or proof of funds required for ability to purchase. *All units occupied with tenants of 5-10 years are month to month *All units are due $100 per month increase end of July 2024 with a 2nd increase of $100 February 2025 *Current rent amounts: *596 Magnolia - $450 & $600, *600 Magnolia - $550 & $688, *1204 Larkwood - $500 & $500, *1205 Larkwood - $500 & $500, *709 Melanie - $475 & $500, *738 Cobbler - $650 & $550. *Ages of heat and air approximate - 596 Magnolia 2001, rest on Magnolia are original / Larkwood between 2010 to 2013 / 709a Melanie 2008 / Cobbler new 2003 *All roofs have been replaced within past 7 years except Melanie approx. 20 years and Cobbler 2003 *Sold As-Is.
Courtesy: RE/MAX Creative Realty
859-422-2000
The sellers prefer to sell all 6 duplexes as one package but will consider these options - *Single duplex on 1204 Larkwood - appraised value $162k *Single duplex on 1205 Larkwood - appraised value $162k *Package of 4 Duplexes: 596 Magnolia, 600 Magnolia, 709 Melanie, 738 Cobbler - appraised value $710k *Package of all 6 Duplexes = appraised value $1,034,000 * All 6 duplexes priced at appraisal value. Appraisal reports & photos available upon request. Minimum 48 hour notice for showings. Pre-approval letter or proof of funds required for ability to purchase. *All units occupied with tenants of 5-10 years are month to month *All units are due $100 per month increase end of July 2024 with a 2nd increase of $100 February 2025 *Current rent amounts: *596 Magnolia - $450 & $600, *600 Magnolia - $550 & $688, *1204 Larkwood - $500 & $500, *1205 Larkwood - $500 & $500, *709 Melanie - $475 & $500, *738 Cobbler - $650 & $550. *Ages of heat and air approximate - 596 Magnolia 2001, rest on Magnolia are original / Larkwood between 2010 to 2013 / 709a Melanie 2008 / Cobbler new 2003 *All roofs have been replaced within past 7 years except Melanie approx. 20 years and Cobbler 2003 *Sold As-Is.
Courtesy: RE/MAX Creative Realty
859-422-2000
The sellers prefer to sell all 6 duplexes as one package but will consider these options - *Single duplex on 1204 Larkwood - appraised value $162k *Single duplex on 1205 Larkwood - appraised value $162k *Package of 4 Duplexes: 596 Magnolia, 600 Magnolia, 709 Melanie, 738 Cobbler - appraised value $710k *Package of all 6 Duplexes = appraised value $1,034,000 * All 6 duplexes priced at appraisal value. Appraisal reports & photos available upon request. Minimum 48 hour notice for showings. Pre-approval letter or proof of funds required for ability to purchase. *All units occupied with tenants of 5-10 years are month to month *All units are due $100 per month increase end of July 2024 with a 2nd increase of $100 February 2025 *Current rent amounts: *596 Magnolia - $450 & $600, *600 Magnolia - $550 & $688, *1204 Larkwood - $500 & $500, *1205 Larkwood - $500 & $500, *709 Melanie - $475 & $500, *738 Cobbler - $650 & $550. *Ages of heat and air approximate - 596 Magnolia 2001, rest on Magnolia are original / Larkwood between 2010 to 2013 / 709a Melanie 2008 / Cobbler new 2003 *All roofs have been replaced within past 7 years except Melanie approx. 20 years and Cobbler 2003 *Sold As-Is.
Courtesy: RE/MAX Creative Realty
859-422-2000
The sellers prefer to sell all 6 duplexes as one package but will consider these options - *Single duplex on 1204 Larkwood - appraised value $162k *Single duplex on 1205 Larkwood - appraised value $162k *Package of 4 Duplexes: 596 Magnolia, 600 Magnolia, 709 Melanie, 738 Cobbler - appraised value $710k *Package of all 6 Duplexes = appraised value $1,034,000 * All 6 duplexes priced at appraisal value. Appraisal reports & photos available upon request. Minimum 48 hour notice for showings. Pre-approval letter or proof of funds required for ability to purchase. *All units occupied with tenants of 5-10 years are month to month *All units are due $100 per month increase end of July 2024 with a 2nd increase of $100 February 2025 *Current rent amounts: *596 Magnolia - $450 & $600, *600 Magnolia - $550 & $688, *1204 Larkwood - $500 & $500, *1205 Larkwood - $500 & $500, *709 Melanie - $475 & $500, *738 Cobbler - $650 & $550. *Ages of heat and air approximate - 596 Magnolia 2001, rest on Magnolia are original / Larkwood between 2010 to 2013 / 709a Melanie 2008 / Cobbler new 2003 *All roofs have been replaced within past 7 years except Melanie approx. 20 years and Cobbler 2003 *Sold As-Is.
Courtesy: RE/MAX Creative Realty
859-422-2000
The sellers prefer to sell all 6 duplexes as one package but will consider these options - *Single duplex on 1204 Larkwood - appraised value $162k *Single duplex on 1205 Larkwood - appraised value $162k *Package of 4 Duplexes: 596 Magnolia, 600 Magnolia, 709 Melanie, 738 Cobbler - appraised value $710k *Package of all 6 Duplexes = appraised value $1,034,000 * All 6 duplexes priced at appraisal value. Appraisal reports & photos available upon request. Minimum 48 hour notice for showings. Pre-approval letter or proof of funds required for ability to purchase. *All units occupied with tenants of 5-10 years are month to month *All units are due $100 per month increase end of July 2024 with a 2nd increase of $100 February 2025 *Current rent amounts: *596 Magnolia - $450 & $600, *600 Magnolia - $550 & $688, *1204 Larkwood - $500 & $500, *1205 Larkwood - $500 & $500, *709 Melanie - $475 & $500, *738 Cobbler - $650 & $550. *Ages of heat and air approximate - 596 Magnolia 2001, rest on Magnolia are original / Larkwood between 2010 to 2013 / 709a Melanie 2008 / Cobbler new 2003 *All roofs have been replaced within past 7 years except Melanie approx. 20 years and Cobbler 2003 *Sold As-Is.
Courtesy: Lacy Gay Realty, LLC
859-520-3288
This property generates a lucrative monthly rental income exceeding $6000. Featuring additional land for potential expansion, the premises are secured by a newly installed fence with a gate. Conveniently situated near the Kroger Shopping Center, the property offers versatility for investment use, making it suitable for various purposes such as storage, construction, or potential housing projects.
Courtesy: HomeLand Real Estate Inc - Mt Sterling
606-356-3063
Welcome to the heart of downtown, where city living meets cozy comfort in this charming duplex. Nestled in a vibrant urban landscape, this unique property offers the best of both worlds - the convenience of downtown living with the warmth and tranquility of a home. Whether you're a savvy investor seeking a prime rental opportunity or a homeowner looking for your dream urban retreat, this cute duplex is sure to captivate you.Schedule your showing today!
Mt Sterling is located in Kentucky. Mt Sterling, Kentucky has a population of 3,569.
The median household income in Mt Sterling, Kentucky is $41,108. The median household income for the surrounding county is $42,172 compared to the national median of $57,652. The median age of people living in Mt Sterling is 39.5 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 21.2 degrees. The average rainfall is approximately 47.3 inches per year, with 9.5 inches of snow per year.
