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Listed by SHANE CRAIG Prime Realty
$ 715,000
Est. payment | /mo
$ 715,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Apt. Complex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 61172
Property Sub-Type Apt. Complex
Property Description
11-Unit Investment Opportunity in Raceland, KY Take advantage of this opportunity to add an 11-unit apartment complex to your investment portfolio in Raceland, Kentucky. Situated across two buildings at 461 and 469 Jessica Drive, this property offers a desirable unit mix of eight 2-bedroom units and three 1-bedroom units. 469 Jessica Drive features seven units, including four spacious 2-bedroom apartments offering approximately 1,100 sq. ft., two full bathrooms, and a private deck. The remaining three units are 1-bedroom apartments, providing additional rental options for tenants seeking a smaller living space. 461 Jessica Drive is a four-unit apartment building consisting of four 2-bedroom, 2-full-bath apartments. The two-bedroom, two-bath layouts throughout the property offer an attractive setup for a variety of tenants. The property has also benefited from recent updates, with most appliances and water heaters approximately 3–5 years old, helping reduce the need for immediate major replacements. With 11 total units, two separate buildings, a strong mix of one- and two-bedroom apartments, and spacious floor plans, this Raceland property presents an excellent opportunity for an investor looking to expand an existing multifamily portfolio or enter the rental market with a sizable income-producing property
Location
State KY
County Greenup
Building
Story 3 Story
Nearby Locations
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Brody Nash
REALTOR® Lic# LIC# WV 29516 - OH 2015003349