Property Description
Excellent Investment Opportunity in Richmond???Now at a Reduced Price! This 5 Unit Apartment Building (Three 2BR, 1BA Units and Two 3BR, 1BA Units; Four Units Have Their Own Detached Storage Unit) at 240 Susan Drive now offers even greater value with a recent price reduction. Strong potential for increased income remains???current leases are under market value, presenting an immediate value add opportunity for savvy investors. Conveniently located near shopping, dining, and Eastern Kentucky University, this well maintained property provides consistent occupancy and a solid rental history. With updated rents and the new, lower price, this property could deliver impressive returns in Richmond's growing rental market.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: The Real Estate Co.
Shown By
Agent Name: Treva Taylor
Agent Phone: (606) 309-4909
Agency Title: SALLIE DAVIDSON, REALTORS
Estimate Your Payment
Estimated Payment
$ 1,942.01 per month $1,796.18 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.83 Homeowner's Insurance
240 Susan Drive | MLS# 25506308
This multi-family property located at 240 Susan Drive, Richmond, KY 40475 is currently listed for sale with an asking price of $500,000. Susan Drive is located within the Madison County - 8 school district. Search Richmond real estate on ttaylor.salliedavidson.com today.