Description
Here's a fantastic opportunity to add to your rental portfolio! This all electric four plex has 2 bedrooms, 1.5 bathrooms and 800 sqft of space in each unit. All units are fully leased with a current gross rent of over $3,600 per month (rent roll attached). One tenant is currently section 8, other tenants have been long term with one new tenant now paying $1,025 - so there is room to increase rents over time. This property is currently being managed by professional management service (Kingston Property Management). Sitting on over a quarter acre inside New Circle road, this location gives quick and convenient access to Alumni, New Circle and Man o' War roads. Tenants must have notice prior to showings; please do not show without making proper arrangements with Kingston. Electric is separately metered and paid by tenants - there is no house meter.
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8BEDS
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0.26ACRES
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4BATHS
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41/2 BATHS
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3,696SQFT
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$118$/SQFT
School Ratings & Info
Description
Here's a fantastic opportunity to add to your rental portfolio! This all electric four plex has 2 bedrooms, 1.5 bathrooms and 800 sqft of space in each unit. All units are fully leased with a current gross rent of over $3,600 per month (rent roll attached). One tenant is currently section 8, other tenants have been long term with one new tenant now paying $1,025 - so there is room to increase rents over time. This property is currently being managed by professional management service (Kingston Property Management). Sitting on over a quarter acre inside New Circle road, this location gives quick and convenient access to Alumni, New Circle and Man o' War roads. Tenants must have notice prior to showings; please do not show without making proper arrangements with Kingston. Electric is separately metered and paid by tenants - there is no house meter.
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Listing provided courtesy of Jimmy Hamilton of Allied Realty: (859) 412-1914 . Listing information © 2023 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.