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$ 280,000
8 Beds
4 Baths
3,000 SqFt
$ 280,000
8 Beds
4 Baths
3,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $93
Subdivision Markwood
MLS Listing ID 25505005
Bedrooms 8
Full Baths 4
Year Built 1984
Lot Size 8,625 Sqft
Acres 0.2
Property Sub-Type Quadruplex
Property Description
Income producing 4-plex in good condition. It's hard to find a 4-plex now under $300,000 but this is it. Updates include soffitt/fascia board (2023), unit 1 wall HVAC unit (2023), unit 1 carpet and vinyl (2023), unit 2 water heater (2023), unit 2 wall HVAC unit (2023), unit 4 wall HVAC unit (2021), unit 4 vinyl (2023), unit 4 carpet (2025). Total rents are $2805/mo with 4 tenants occupying it. Mostly long term tenants. Landlord pays electricity (2 meters for 4plex) and water (1 meter for 4 plex). Average monthly bill for those is around $550/mo. Unit 1 pays $680 (month to month---been there 6 years). Unit 2 pays $695 (month to month--been there over a year). Unit 3 pays $705 (month to month--been there 9 years). Unit 4 pays $725 (section 8, month to month--been there over 5 years).
Location
State KY
County Madison
Interior
Heating Electric
Cooling Wall Unit(s)
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features On Site
Utilities Available Electricity Available, Sewer Available, Water Available
View Y/N N
Handicap Access No
Private Pool No
Schools
Elementary Schools Daniel Boone
Middle Schools Clark-Moores
High Schools Madison Central
Listed by Realty Solutions