London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale
BEDS3
BATHS2 full
SQUARE FEET924
MLS#26020256
STATUS
PROPERTY TYPEResidential - Single Family
SCHOOLWayne County - 70
Property Description
Great investment opportunity with excellent cash flow! This income-producing property features three mobile homes, all currently occupied by tenants. Home 1 (302 Lincoln Ave.) offers 2 bedrooms and 1 bathroom, Home 2 (284 Lincoln Ave.) features 3 bedrooms and 2 bathrooms, and Home 3 (212 Bertram St.) includes 3 bedrooms and 2 bathrooms. Each home is equipped with central heating and air conditioning and has been remodeled within the past 18 months, providing updated, low-maintenance rental units. All three homes are connected to city sewer, and the property offers additional space with the potential to add up to two more mobile homes, creating even greater income potential. The three homes currently generate a combined gross monthly rental income of $1,750. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this is an opportunity you won't want to miss. Call today for additional information or to schedule your private showing!
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Heat Pump
Lot Size: 1.25 Acres
Roof Type: Metal
Stories: 1.0
Year Built: 1998
Feature Descriptions
Appliance Features: Refrigerator, Range
Days on Site: 4
Exterior: Vinyl Siding, Metal Siding
Flooring: Laminate, Vinyl
Laundry: Electric Dryer Hookup, Washer Hookup
Laundry Features: Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 1.250 acre(s)
Parcel #: M2-19-036.00
Rooms Total: 6
Local Schools
High School: Wayne Co
Middle School: Wayne Co
Elementary School: Bell
School District: Wayne County - 70
Listed By / Shown By
Listed By
Agency Name: No Wake Real Estate
Shown By
Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000
Estimate Your Payment
Estimated Payment
$ 539.88 per month $499.34 Principal & Interest $0.00 Property Tax (data not provided by mls) $40.54 Homeowner's Insurance
284 Lincoln Avenue | MLS# 26020256
This single family home located at 284 Lincoln Avenue, Monticello, KY 42633 is currently listed for sale with an asking price of $139,000. This property was built in 1998 and has 3 bedrooms and 2 full baths with 924 sq. ft. Lincoln Avenue is located within the Wayne County - 70 school district. Search Monticello real estate on www.salliedavidson.com today.