London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale
BEDS3
BATHS2 full
SQUARE FEET1,366
MLS#26017271
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRural
SCHOOLLaurel County - 44
Property Description
Duplex Investment Opportunity Excellent income-producing duplex with long-term tenants already in place. If purchased at this price you return on investment will be 7.8%. Much better than a CD or annuity. This property features one 2-bedroom apartment and one 1-bedroom apartment, making it a great addition to any investment portfolio. 2-bedroom unit: Currently rented for $595/month on a month-to-month lease. 1-bedroom unit: Rented through HUD for $540/month. The owner currently pays the water bill for both units. The property also includes a paved parking area with space for up to four vehicles, providing convenient off-street parking for tenants. Recent improvements include: Roof replaced in 2023. Hot water heater for the 1-bedroom unit replaced in 2023. Hot water heater for the 2-bedroom unit replaced approximately 2021. This property is being sold as is. Listing agent is the owner. Whether you're looking to expand your rental portfolio or invest in a property with established rental income, this duplex offers immediate rental income and strong investment potential.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Electric, Window Unit(s), Wall Unit(s
Fuel Type: Electric
Heating: Electric
Lot Size: 0.45 Acres
Roof Type: Shingle
Year Built: 1985
Feature Descriptions
Days on Site: 6
Lot Dimensions: 0.450 acre(s)
Parcel #: 094-00-00-145.01
Parking Notes: On Site, Paved
Structure Type: Duplex, Multi Family
Local Schools
High School: South Laurel
Middle School: South Laurel
Elementary School: Campground
School District: Laurel County - 44
Listed By / Shown By
Listed By
Agency Name: Kentucky Wide Realty
Shown By
Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000
Estimate Your Payment
Estimated Payment
$ 679.70 per month $628.66 Principal & Interest $0.00 Property Tax (data not provided by mls) $51.04 Homeowner's Insurance
534 Wyatt Road | MLS# 26017271
This multi-family property located at 534 Wyatt Road, London, KY 40744 is currently listed for sale with an asking price of $175,000. Wyatt Road is located within the Laurel County - 44 school district. Search London real estate on www.salliedavidson.com today.