London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale
BEDS12
BATHS6 full
SQUARE FEET4,494
MLS#26002159
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHillcrest
SCHOOLMadison County - 8
Property Description
This well-maintained, fully leased, 6-plex multifamily property in Richmond, KY, presents an outstanding opportunity for investors looking to expand their portfolio. The property has seen significant interior improvements, including brand-new LVP flooring, fresh paint throughout, and the installation of new appliances in each unit, providing a modern, move-in-ready experience for tenants. The exterior of the building has been enhanced with new shingles in 2023, a seal-coated, freshly painted parking lot and new landscaping, adding to the property's curb appeal and functionality. Additionally, a professional basement waterproofing system has been installed, protecting the structure and offering added value for years to come. This property is an ideal addition for investors seeking steady rental income with minimal deferred maintenance. With these recent upgrades, you can confidently take ownership and watch your investment thrive. Don't miss out on this prime multifamily opportunity!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Fuel Type: Electric
Heating: Electric
Lot Size: 0.42 Acres
Roof Type: Dimensional Style, Shingle
Feature Descriptions
Days on Site: 25
Lot Dimensions: 0.420 acre(s)
Parcel #: 054A-0004-0034
Parking Notes: On Site
Structure Type: Multi Family
Utilities: Electricity Connected, Sewer Connected, Water Connected
Local Schools
High School: Madison Central
Middle School: Michael Caudill
Elementary School: Glenn Marshall
School District: Madison County - 8
Listed By / Shown By
Listed By
Agency Name: Premier Property Consultants
Shown By
Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000
Estimate Your Payment
Estimated Payment
$ 2,427.52 per month $2,245.22 Principal & Interest $0.00 Property Tax (data not provided by mls) $182.29 Homeowner's Insurance
181 Miller Drive | MLS# 26002159
This multi-family property located at 181 Miller Drive, Richmond, KY 40475 is currently listed for sale with an asking price of $625,000. Miller Drive is located within the Madison County - 8 school district. Search Richmond real estate on www.salliedavidson.com today.