London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale
BEDS8
BATHS4 full
SQUARE FEET3,000
MLS#25505005
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMarkwood
SCHOOLMadison County - 8
Property Description
Income producing 4-plex in good condition. It's hard to find a 4-plex now under $300,000 but this is it. Updates include soffitt/fascia board (2023), unit 1 wall HVAC unit (2023), unit 1 carpet and vinyl (2023), unit 2 water heater (2023), unit 2 wall HVAC unit (2023), unit 4 wall HVAC unit (2021), unit 4 vinyl (2023), unit 4 carpet (2025). Total rents are $2805/mo with 4 tenants occupying it. Mostly long term tenants. Landlord pays electricity (2 meters for 4plex) and water (1 meter for 4 plex). Average monthly bill for those is around $550/mo. Unit 1 pays $680 (month to month---been there 6 years). Unit 2 pays $695 (month to month--been there over a year). Unit 3 pays $705 (month to month--been there 9 years). Unit 4 pays $725 (section 8, month to month--been there over 5 years).
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall Unit(s)
Fuel Type: Electric
Heating: Electric
Lot Size: 0.20 Acres
Year Built: 1984
Feature Descriptions
Days on Site: 123
Laundry: Electric Dryer Hookup, Washer Hookup
Laundry Features: Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 0.198 acre(s)
Parcel #: R007-0030-0021
Parking Notes: On Site
Structure Type: Quadruplex
Utilities: Electricity Available, Sewer Available, Water Available
Local Schools
High School: Madison Central
Middle School: Clark-Moores
Elementary School: Daniel Boone
School District: Madison County - 8
Listed By / Shown By
Listed By
Agency Name: Realty Solutions
Shown By
Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000
Estimate Your Payment
Estimated Payment
$ 1,087.53 per month $1,005.86 Principal & Interest $0.00 Property Tax (data not provided by mls) $81.67 Homeowner's Insurance
403 Turpin Drive | MLS# 25505005
This multi-family property located at 403 Turpin Drive, Richmond, KY 40475 is currently listed for sale with an asking price of $280,000. Turpin Drive is located within the Madison County - 8 school district. Search Richmond real estate on www.salliedavidson.com today.