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London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale

160 Cardinal Drive, Lancaster, KY 40444

$750,000
  • 160 Cardinal Drive, Lancaster, KY 40444 Main Photo

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BEDS2 BATHS1 full SQUARE FEET832 MLS#26027739
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONQuail Run SCHOOLGarrard County - 23

Property Description

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

160 Cardinal Drive | MLS# 26027739

This multi-family property located at 160 Cardinal Drive, Lancaster, KY 40444 is currently listed for sale with an asking price of $750,000. Cardinal Drive is located within the Garrard County - 23 school district. Search Lancaster real estate on www.salliedavidson.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Heat Pump
Fuel Type: Electric, Gas
Heating: Electric, Natural Gas
Lot Size: 0.23 Acres
Roof Type: Dimensional Style
Year Built: 1997

Feature Descriptions

Days on Site: 22
Laundry: Electric Dryer Hookup, Washer Hookup
Laundry Features: Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 0.230 acre(s)
Parcel #: 27B02036, 27B02041, 27B02024, 27B02025
Parking Notes: On Site
Structure Type: Duplex
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Local Schools

High School: Garrard Co
Middle School: Garrard Co
Elementary School: Lancaster
School District: Garrard County - 23

Listed By / Shown By

Listed By

Agency Name: United Country Cornerstone Realty & Auction

Shown By

Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000

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Estimated Payment

$ 2,913.02 per month $2,694.27 Principal & Interest $0.00 Property Tax (data not provided by mls) $218.75 Homeowner's Insurance

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