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115 Northland Drive

Richmond, KY 40475
  • $399,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 23023280
Price Reduced
UPDATED: 70 min ago
$399,000
  • 11
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

This 5-unit, tenant occupied property, now available for the first time, presents an excellent house hacking opportunity. The single-family home on the property has been thoughtfully converted into two apartments, featuring 2 bedrooms and 1 bath on the upper level and 1 BR and one Ba on the bottom floor. Additionally, the property includes a duplex with two separate 2BR/1BA units and a single-wide manufactured home with 3BR/1BA and a garage. Conveniently located right off the Eastern Bypass, this strategically positioned property offers easy commuting and access to everything Richmond has to offer and is minutes from Lake Reba. Generating a total monthly rent of $3,575, this investment not only provides financial returns but also offers the flexibility for a savvy investor to reduce living expenses through house hacking, living in a unit and renting the others out. Don't miss your chance - act now and schedule your viewing to explore the diverse potential of this Richmond, KY real estate gem!24-hour notice and proof of funds required to show property.

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Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Vanessa Vale Team | Keller Williams Bluegrass 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/145915851
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115 Northland Drive Richmond, KY 40475

  • Price: $399,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 70 min ago
  • MLS #: 23023280
11
Beds
5
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Bluegrass Addn
County:
Madison
Area:
Madison County
Elementary School:
Daniel Boone
Middle School:
Clark-Moores
High School:
Madison Central
School District:
Madison County
Property Description
This 5-unit, tenant occupied property, now available for the first time, presents an excellent house hacking opportunity. The single-family home on the property has been thoughtfully converted into two apartments, featuring 2 bedrooms and 1 bath on the upper level and 1 BR and one Ba on the bottom floor. Additionally, the property includes a duplex with two separate 2BR/1BA units and a single-wide manufactured home with 3BR/1BA and a garage. Conveniently located right off the Eastern Bypass, this strategically positioned property offers easy commuting and access to everything Richmond has to offer and is minutes from Lake Reba. Generating a total monthly rent of $3,575, this investment not only provides financial returns but also offers the flexibility for a savvy investor to reduce living expenses through house hacking, living in a unit and renting the others out. Don't miss your chance - act now and schedule your viewing to explore the diverse potential of this Richmond, KY real estate gem!24-hour notice and proof of funds required to show property.
Exterior Features

Parking 1 - 5 Spaces Roof Composition Structure Type ApartmentsDuplexOther

Interior Features

Cooling Heat Pump Heating Heat PumpNatural Gas

Property Features

Current Zoning Residential Intermediate School Not Applicable Possession Rental AgreementSubject To Tenant Rights Tax Rate 0.01102

Bluegrass REALTORS® logo Listing provided courtesy of Cindi Batson of Allison Realty & Auction Group: (859) 234-0888 . Listing information © 2024 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.
Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Vanessa Vale Team | Keller Williams Bluegrass 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 Bluegrass
1908 Bryant Rd, STE. 250
Lexington KY, 40509