Mt Sterling, KY 40353,100 Summit Drive
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Mt Sterling, KY 40353,100 Summit Drive
Mt Sterling, KY 40353,100 Summit Drive
Mt Sterling, KY 40353,100 Summit Drive
Mt Sterling, KY 40353,100 Summit Drive

$1,850,000

$2,400,000

22.9%
Est.Price: ?

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100 Summit Drive Mt Sterling, KY 40353

2 Beds

1 Bath

29,580 SqFt

SOLD DATE : 11/08/2021

Key Details

Sold Price $1,850,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 29,580 sqft

Price per Sqft $62

Subdivision Downtown

MLS Listing ID 20118355

Sold Date 11/08/21

Bedrooms 2

Full Baths 1

Year Built 1975

Lot Size 1.590 Acres

Property Description

Wonderful Investment property in the heart of Mt. Sterling located on the corner of W. Main Street and and the bypass. 35 total units, 22 renovated, 34 rented and 1 signing lease next week. Approx. 850 sq ft. 2 bedroom 1 bath units. Laundry room located next to the office. High demand rental market with very little offered available in the area. Tenants pay electric, Rental income 21,000+. Onsite property manager that will stay if property is sold.

Location

State KY

County Montgomery

Interior

Heating Natural Gas

Cooling Electric

Exterior

Parking Features Paved, On Site

View Y/N N

Roof Type Flat

Building

New Construction No

Schools

High Schools Montgomery Co

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Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Positive Property Management
agent

Maggie Wells

Agent | License ID: 221726

+1(859) 402-4766

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