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401 North Street Richmond, KY 40475
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Key Details
Sold Price $175,000
Property Type Other Types
Listing Status Sold
Purchase Type For Sale
Square Footage 3,154 sqft
Price per Sqft $55
Subdivision Downtown
MLS Listing ID 24006296
Sold Date 07/05/24
Bedrooms 5
Full Baths 3
Lot Size 8,712 Sqft
Property Description
Discover an unparalleled investment opportunity in the heart of Richmond, KY. Introducing a meticulously crafted quadplex offering the perfect blend of modern living and high-yield returns projected at $3,400 per month!
Prime Investment in Richmond, KY Quadplex with Office Space
Key Highlights:
Ideal Location: Situated in Richmond's thriving downtown community, this quadplex is strategically positioned near essential amenities and educational institutions, ensuring high tenant demand.
Featuring four residential units and a downstairs area being made into 4 bed 1bath apt spaces, designed to be rented on a per room basis for college students, this property offers multiple income streams for robust cash flow potential.
Richmond's growing economy and rising property values present an opportune time to invest in this property, offering both immediate rental income and long-term appreciation potential.
Seize this rare opportunity to diversify your portfolio and secure a promising investment in Richmond's flourishing real estate market!
Location
State KY
County Madison
Interior
Heating Floor Furnace, Space Heater
Cooling Window Unit(s)
Exterior
Waterfront No
View Y/N N
Roof Type Composition
Building
New Construction No
Schools
Elementary Schools Madison Kinder Acdmy
Middle Schools Madison Mid
High Schools Madison Central
School District Madison County - 8
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