18
0
738 Cobbler Lane
Mt Sterling, KY 40353
Other (Other)
0.19 Acres
1781 Sqft Living Area
4 Bedrooms
4 Bathrooms (4 Full, 0 Half)
Year Built: 2006
$240,000
Favorites
Property Description
*Serious Buyers Only *Duplex is now available for single duplex contract offers and listed for the current appraised value of $240k as of April 2024 *Appraisal report & appraisal photos available upon request *Pre-approval letter or proof of cash funds required for ability to purchase in advance of scheduling any showing appointment *Minimum 48 hour notice required for all showings *Tenants are on month to month leases and have been tenants for approx. 2 years & 5 years *Current rent for the 2 units are $650 for one side & $550 for the other side as of July 1, 2024 *Both units are due $100 per month increase at end of July 2024 with a 2nd increase of $100 February 2025 and both tenants are aware of the future increases *Appraisal estimated monthly market rent $1,700 total both sides *Ages of heat and air units are original & 2014. *Roof is original when built in 2003 per PVA records *Location is across the street from McNabb Middle School and Montgomery High School *Short drive to Botts Park & Easy Walker Park *Sold As-Is, no seller repairs or improvements *Terrific opportunity to begin your own real estate investment business! *Call, text or email for more information today!
Join The Conversation
Comments
Contact Details
Name: Darrell Reynolds
Email: darrell@darrellreynolds.com
MLS Listing Id: 24010855
Agent Phone: (859) 396-2673
List Agent License:
Office Name: RE/MAX Creative Realty
Office Phone: (859) 422-2000
Office MLS Id: o100
Listing Status: Active
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.
Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
