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    ACRES
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    1/2 BATHS
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    $/SQFT

Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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County
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School Information

High School

Description

Wonderful Investment property in the heart of Mt. Sterling located on the corner of W. Main Street and and the bypass. 35 total units, 22 renovated, 34 rented and 1 signing lease next week. Approx. 850 sq ft. 2 bedroom 1 bath units. Laundry room located next to the office. High demand rental market with very little offered available in the area. Tenants pay electric, Rental income 21,000+. Onsite property manager that will stay if property is sold.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Vanessa Vale Team | Keller Williams Greater Lexington are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
www.vanessavale.com/homes/120897199
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100 Summit Drive Mt Sterling, KY 40353

  • Price: $2,400,000
  • Status: Active
  • MLS #: 20118355
2
Beds
1
Baths
0
½ Baths
1.59
Acres
29,580
SQFT
$81
$/SQFT
1975
Built
Neighborhood:
Downtown
County:
Montgomery
Area:
Montgomery County
High School:
Montgomery Co
Property Description
Wonderful Investment property in the heart of Mt. Sterling located on the corner of W. Main Street and and the bypass. 35 total units, 22 renovated, 34 rented and 1 signing lease next week. Approx. 850 sq ft. 2 bedroom 1 bath units. Laundry room located next to the office. High demand rental market with very little offered available in the area. Tenants pay electric, Rental income 21,000+. Onsite property manager that will stay if property is sold.
Exterior Features

Parking 36 - 55 SpacesOn SitePaved Roof Flat Stories Two Structure Type Apartments

Interior Features

Cooling Electric Heating Natural Gas

Property Features

Ada Accessible No Current Zoning Residential Fire Code Yes Intermediate School Not Applicable Non Conforming No Number Of Vacant Units 1 Possession Negotiable Property Amenities Coin Laundry Tax Rate .122 Terms Sale

Listing provided courtesy of Adam Keys of Positive Property Management. Listing information © 2021 LBAR Multiple Listing Service. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Vanessa Vale Team | Keller Williams Greater Lexington are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
 
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Vanessa Vale Team | Keller Williams Greater Lexington
1908 Bryant Rd, STE. 250
Lexington KY, 40509