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$ 550,000
$ 550,000
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision City Limits
MLS Listing ID 25003076
Property Description
UPDATED: This fully occupied 8-door rental portfolio on 1st Street Barbourville, just steps from Union College, is generating income from day one with significant value-add potential. The portfolio includes two duplexes, each with two bedrooms and one bathroom, along with two single-family homes—one offering three bedrooms and one bath, and the other with three bedrooms and one and a half bath above a huge garage space. All properties are located on the same street, making management seamless and efficient.
Some units need repairs, presenting an opportunity for rental income improvement and tax advantages. With current rents below market value, investors have the potential to increase cash flow and maximize returns. This is a rare chance to acquire multiple income-generating properties in a single transaction in a high-demand rental area. Don't miss out on this exceptional portfolio with strong rental demand and long-term appreciation potential.
Broker owner.
Some units need repairs, presenting an opportunity for rental income improvement and tax advantages. With current rents below market value, investors have the potential to increase cash flow and maximize returns. This is a rare chance to acquire multiple income-generating properties in a single transaction in a high-demand rental area. Don't miss out on this exceptional portfolio with strong rental demand and long-term appreciation potential.
Broker owner.
Location
State KY
County Knox
Exterior
View Y/N N
Schools
School District Barbourville Independent
Listed by Freeman Brothers Realty LLC