London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale
BEDS5
BATHS3 full
SQUARE FEET2,152
MLS#26021431
STATUS
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMadison County - 8
Property Description
Fully occupied duplex offering immediate rental income in Richmond! This residential income property features two leased units totaling approximately 2,152 square feet. Unit A offers 1 bedroom and 1 bathroom, while Unit B features 4 bedrooms and 2 bathrooms. The property is currently generating $2,389 in total monthly income, with the landlord paying all utilities. With leases already in place, the next owner can step into an income-producing property from day one. Conveniently located near downtown Richmond with easy access to shopping, dining, EKU, and other area amenities. Whether you're looking to expand an existing rental portfolio or purchase an income-producing property, 316 Moberly Avenue is ready for its next owner.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric
Fuel Type: Gas
Heating: Forced Air, Natural Gas
Lot Size: 0.13 Acres
Roof Type: Shingle
Year Built: 1972
Feature Descriptions
Lot Dimensions: 0.128 acre(s)
Parcel #: R007-0018-0008
Structure Type: Duplex
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Local Schools
High School: Madison Central
Middle School: Madison Mid
Elementary School: Kit Carson
School District: Madison County - 8
Listed By / Shown By
Listed By
Agency Name: The Polley Group
Shown By
Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000
Estimate Your Payment
Estimated Payment
$ 873.52 per month $807.92 Principal & Interest $0.00 Property Tax (data not provided by mls) $65.60 Homeowner's Insurance
316 Moberly Avenue | MLS# 26021431
This multi-family property located at 316 Moberly Avenue, Richmond, KY 40475 is currently listed for sale with an asking price of $224,900. Moberly Avenue is located within the Madison County - 8 school district. Search Richmond real estate on www.salliedavidson.com today.