London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale
BEDS8
BATHS4 full
SQUARE FEET3,416
MLS#26005942
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONExecutive Park
SCHOOLMadison County - 8
Property Description
All-brick quadruplex with a durable metal roof. Four rental units, each updated for durability and tenant comfort. Current gross monthly income: approximately $3,800 from 4/4 units leased. Property features include an all-brick exterior and low-maintenance metal roof with updated interiors. Unit 1 offers new cabinets and countertops, LVP, refrigerator, oven, bathtub, PTAC, three new windows, and fresh paint. Unit 2 includes new LVP, oven, refrigerator, vanity, bathtub, water heater, and fresh paint. Unit 3 features a new vanity, bathtub reglazing, and fresh paint. Unit 4 provides a new refrigerator, ceiling fans, and fresh paint. Income/occupancy is 4 of 4 units leased, ~ $3,800/month gross. Opportunity highlights a turnkey investment with strong occupancy and potential to optimize net income with rent adjustments.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric, Multi Units
Fuel Type: Electric
Heating: Electric
Lot Size: 0.26 Acres
Roof Type: Metal
Year Built: 1989
Feature Descriptions
Days on Site: 2
Laundry: Electric Dryer Hookup, Washer Hookup
Laundry Features: Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 0.260 acre(s)
Parcel #: 071A-0000-0008
Parking Notes: Gravel, Paved
Utilities: Electricity Connected, Sewer Connected, Water Connected
Local Schools
High School: Madison So
Middle School: Farristown
Elementary School: Kirksville
School District: Madison County - 8
Listed By / Shown By
Listed By
Agency Name: CENTURY 21 Advantage Realty
Shown By
Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000
Estimate Your Payment
Estimated Payment
$ 1,277.84 per month $1,181.89 Principal & Interest $0.00 Property Tax (data not provided by mls) $95.96 Homeowner's Insurance
118 Salter Road | MLS# 26005942
This multi-family property located at 118 Salter Road, Berea, KY 40403 is currently listed for sale with an asking price of $329,000. Salter Road is located within the Madison County - 8 school district. Search Berea real estate on www.salliedavidson.com today.