$207,500
$200,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
1088 Merrick Drive Richmond, KY 40475
2 Beds
2 Baths
0.33 Acres Lot
Key Details
Sold Price $207,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Merrick Heights
MLS Listing ID 22001901
Sold Date 02/25/22
Bedrooms 2
Full Baths 1
Half Baths 1
Year Built 2000
Lot Size 0.330 Acres
Property Description
Investment Opportunity. Rents are currently at $675 per unit. Seller's have gradually increased rent over their time of ownership to not displace the tenants. Rents are due for another increase. Great, low maintenance rental property with no shared space (shared hallways, etc). Tenants pay their own utilities. Landlord responsible for garbage and lawn care. Perfect for house hacking to live in one side and rent out the other or to continue renting the units. Appliances stay with property. Sellers are licensed real estate agents in the state of KY.
Location
State KY
County Madison
Interior
Heating Heat Pump, Electric
Cooling Electric
Exterior
View Y/N N
Roof Type Shingle
Building
New Construction No
Schools
Elementary Schools Daniel Boone
Middle Schools Clark-Moores
High Schools Madison Central
School District Madison County - 8
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