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115 Northland Drive
Richmond, KY 40475

Residential Multi Family (Other)

0 Acres
N/A Sqft Living Area

11 Bedrooms

5 Bathrooms (5 Full, 0 Half)

Year Built: N/A

$414,000

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Property Description

This 5-unit, tenant occupied property, now available for the first time, presents an excellent house hacking opportunity. The single-family home on the property has been thoughtfully converted into two apartments, featuring 2 bedrooms and 1 bath on the upper level and 1 BR and one Ba on the bottom floor. Additionally, the property includes a duplex with two separate 2BR/1BA units and a single-wide manufactured home with 3BR/1BA and a garage. Conveniently located right off the Eastern Bypass, this strategically positioned property offers easy commuting and access to everything Richmond has to offer and is minutes from Lake Reba. Generating a total monthly rent of $3,575, this investment not only provides financial returns but also offers the flexibility for a savvy investor to reduce living expenses through house hacking, living in a unit and renting the others out. Don't miss your chance - act now and schedule your viewing to explore the diverse potential of this Richmond, KY real estate gem!24-hour notice and proof of funds required to show property.

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Contact Details

Name: Cindi Batson

Email: movewithcindib@gmail.com

MLS Listing Id: 23023280

Agent Phone: (859) 234-0888

List Agent License: 280851

Office Name: Allison Realty & Auction Group

Office Phone: (859) 234-0888

Office MLS Id: 20180519171520985902000000

Listing Status: Active

Listing URL: https://www.realtor.com/realestateandhomes-detail/115-Northland-Dr_Richmond_KY_40475_M90693-46934?f=listhub&s=LBARKY&m=23023280&c=openhousinc

Copyright © 2024 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.