$148,000
$162,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
600 Magnolia Drive Mt Sterling, KY 40353
6 Beds
2 Baths
1,882 SqFt
Key Details
Sold Price $148,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,882 sqft
Price per Sqft $78
Subdivision Garden Springs
MLS Listing ID 24010851
Sold Date 11/05/24
Bedrooms 6
Full Baths 2
Year Built 1976
Lot Size 0.289 Acres
Property Description
*Serious Buyers Only *Duplex is available for single duplex contract offers and listed for the current appraised value of $162k as of April 2024 *Appraisal report & appraisal photos available upon request *Pre-approval letter or proof of cash funds required for ability to purchase in advance of scheduling any showing appointment *Minimum 48 hour notice required for all showings *Tenants are on month to month leases and have been tenants for more than 5 years *Current rent for the 2 units are $650 for one side & $700 for the other side *Both units are due $100 per month increases of $100 in February 2025 and both tenants are aware of the future increases *Appraisal estimated monthly market rent $1,350 total of both sides *Roof is approx. 7 years old *Short drive to Botts Park & Easy Walker Park *Sold As-Is, no seller repairs or improvements *Terrific opportunity to begin your own real estate investment business! Possible purchase package acceptable with 596 Magnolia, 1204 Larkwood, 1205 Larkwood, 709 Melanie, 738 Cobbler. *Call, text or email for more information today!
Location
State KY
County Montgomery
Interior
Heating Forced Air, Electric
Cooling Electric
Exterior
Waterfront No
View Y/N N
Roof Type Metal
Building
New Construction No
Schools
Elementary Schools Mt Sterling
Middle Schools Mcnabb
High Schools Montgomery Co
School District Montgomery County - 18
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