Richmond, KY 40475,240 Susan Drive
See all 78 photos
Richmond, KY 40475,240 Susan Drive
Richmond, KY 40475,240 Susan Drive
Richmond, KY 40475,240 Susan Drive
Richmond, KY 40475,240 Susan Drive
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
24
Jan
Sun
25
Jan
Mon
26
Jan
Maggie Wells

Maggie Wells

+1(859) 402-4766
$ 500,000
Save
Price Dropped by $25K

240 Susan Drive Richmond, KY 40475

12 Beds

5 Baths

4,920 SqFt

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,920 sqft

Price per Sqft $101

Subdivision Hillcrest

MLS Listing ID 25506308

Bedrooms 12

Full Baths 5

Year Built 1990

Lot Size 0.490 Acres

Acres 0.49

Property Sub-Type Apartment

Property Description

Excellent Investment Opportunity in Richmond—Now at a Reduced Price! This 5 Unit Apartment Building (Three 2BR, 1BA Units and Two 3BR, 1BA Units; Four Units Have Their Own Detached Storage Unit) at 240 Susan Drive now offers even greater value with a recent price reduction. Strong potential for increased income remains—current leases are under market value, presenting an immediate value add opportunity for savvy investors. Conveniently located near shopping, dining, and Eastern Kentucky University, this well maintained property provides consistent occupancy and a solid rental history. With updated rents and the new, lower price, this property could deliver impressive returns in Richmond's growing rental market.

Location

State KY

County Madison

Zoning Other

Interior

Heating Electric, Forced Air, Heat Pump, Natural Gas

Cooling Central Air, Electric, Heat Pump

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Parking Features On Site, Open, Paved

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Not Available, Water Connected

View Y/N N

Roof Type Shingle

Handicap Access No

Private Pool No

Schools

Elementary Schools Glenn Marshall

Middle Schools Michael Caudill

High Schools Madison Central

Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by The Real Estate Co.

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 10
  • 7

    White Hall Elementary School

    Public | PK - 5

  • 7

    Kit Carson Elementary School

    Public | PK - 5

  • 6

    Model Laboratory Elementary School

    Public | PK - 5

  • 5

    Glenn R Marshall Elementary School

    Public | PK - 5

  • 4

    Daniel Boone Elementary School

    Public | PK - 5

  • 0

    The Learning Center at First Baptist

    Private | PK - KG

  • 0

    Blue Grass Christian School

    Private | PK - 12

  • 0

    St Mark Catholic School

    Private | PK - 5

  • 0

    The Growing Place

    Private | PK - 1

  • 0

    Mayfield Elementary School

    Public | PK - 5

Middle Schools 6
  • 9

    Model Laboratory Middle School

    Public | 6 - 8

  • 7

    B. Michael Caudill Middle School

    Public | 6 - 8

  • 5

    Clark Moores Middle School

    Public | 6 - 8

  • 3

    Madison Middle School

    Public | 6 - 8

  • 0

    Farristown Middle School

    Public | 6 - 8

  • 0

    Madison County Day Treatment

    Public | 6 - 12

High Schools 4
  • 9

    Model Laboratory High School

    Public | 9 - 12

  • 6

    Madison Central High School

    Public | 9 - 12

  • 0

    Middle College at Eastern Kentucky

    Public | 11 - 12

  • 0

    Madison County Area Technology Center

    Public | 9 - 12

School and business data provided by Attom Data.
Maggie Wells

Maggie Wells

Agent | License ID: 221726

+1(859) 402-4766

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Maggie Wells, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

240 Susan Drive