7 Plex For Sale

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30622057
Property Subtypes: Mid-Rise
Status: Pending
Number of Units: 7 Units
Building Size (RSF): 5,460 SF
Gross Building Area: See Agent
Sale Price: $320,000
Unit Price: $45,714.29 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 8.75%
Last Updated: 6/19/2020

Overview / Comments

Cash Cow 7 plex! Convenient to EKU. Ready to sell! All brick 6 of the units have 2 BR. Lower level units have 1.5 Baths. Upper 2BR units have 2 full baths.Studio unit 1BR & 1BA. Tri-level. Roof 2 yrs new. All HVAC units except 1 are updated. Separate utilities in 6 of 7 units. Owner pays studio unit's utilities. All electric. Laundry area in lower level. Off street parking available.

Attachments & Media

  • Enter the password to view 1 private file

Additional Details

Nearest MSA: Richmond-Berea
County: Madison
Tax ID/APN: 054B-0001-0003
Zoning: B3
Percent Occupied: 100%
Property Located Between: Off I-75 in Richmond.
Highway Access: South on I-75 from Lexington exit 90A turn right on US25 then right on Foxhaven Dr. 4/10 mile to Foxhaven Court.
Site Description: Cul-de-sac in a multi-family area close to I-75.
Area Description: Convenient for EKU students and close to I-75
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Year Built: 2003
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: All brick
Parking Type: Surface
Parking Description: Off street and on street available. 8 spots in back.
Laundry: Shared
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Interior Description: 2 Units have 2 bedrooms,1.5 baths. 4 Units have 2 baths. Studio unit 1br/1 bath. Laundry area in lower level.
Zoning Description: B3
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,470 33,488 39,697
Median Age: 32.53 31.97 32.41
Households: 2,536 13,082 15,587

Contact

© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.