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$ 224,900
5 Beds
3 Baths
2,152 SqFt
$ 224,900
5 Beds
3 Baths
2,152 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,152 sqft
Price per Sqft $104
MLS Listing ID 26021431
Bedrooms 5
Full Baths 3
Year Built 1972
Lot Size 5,570 Sqft
Acres 0.13
Property Sub-Type Duplex
Property Description
Fully occupied duplex offering immediate rental income in Richmond! This residential income property features two leased units totaling approximately 2,152 square feet. Unit A offers 1 bedroom and 1 bathroom, while Unit B features 4 bedrooms and 2 bathrooms. The property is currently generating $2,389 in total monthly income, with the landlord paying all utilities. With leases already in place, the next owner can step into an income-producing property from day one. Conveniently located near downtown Richmond with easy access to shopping, dining, EKU, and other area amenities. Whether you're looking to expand an existing rental portfolio or purchase an income-producing property, 316 Moberly Avenue is ready for its next owner.
Location
State KY
County Madison
Zoning R-1C
Interior
Heating Forced Air, Natural Gas
Cooling Electric
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N N
Roof Type Shingle
Handicap Access No
Private Pool No
Schools
Elementary Schools Kit Carson
Middle Schools Madison Mid
High Schools Madison Central
Listed by The Polley Group
Nearby School & Business