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$499,900   Price Analysis
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956 and 958 Altamont St
Richmond, KY 40475
4 bed 2 bath 1,200 SqFt ($416/SqFt)
0.28 acre lot.
Listed 2024-05-14
USDA Eligible
near Crow Valley, KY
 

Start your business while earning income immediately.

This R3 zoned lot with two tiny house rentals(551sqft + 649sqft) each 1 bed 1 bath (one has a permanent foundation the other does not). Each is occupied with tenants under lease and each unit gets $600 per month. Both rental units were completely renovated in 2022 .Also included in this listing is a fully renovated 4 bedroom 2 bath home now commercially zoned B-3 professional office building (1863 sf) is ready for new owners.

Address is 345 Big HIll Avenue. Perfect for a Law, mdical, real estate, consulting, counseling , wellness center or Boutique. Fully ADA compliant access and 1 of the 2 bathrooms is ADA approved. Full kitchen, separate laundry room and 4 additional rooms on the first floor. The second level has 1 large room or office space. Part of the commercial parking lot does encroach on the rental lot but by owning both much more parking could be available for the commercial buildin g's use.Currently being used as a medical office until June 2024, Showings are with 24 hour minimum notice and after 5 M-F and weekends.


Presented by Beth Rice at
Keller Williams Legacy Group.
Listing Agent Photo

Property MLS #24009462 from BLUEGRASS

Bedrooms: 4

Total Bathrooms: 2.00
Full Bathrooms: 2

Cooling Features: Window Unit(s)
Heating Features: Combination, Electric

Lot Size Acres: 0.28
Lot Size Square Feet: 12197

Parking Features: 1 - 5 Spaces, Gravel, On Site

Elementary School: Glenn Marshall
High School: Madison Central
Middle School: Michael Caudill
School District: Madison County - 8

Madison Middle School is a public middle school located approximately 0.7 miles away.
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Madison Central High School is a public high school located approximately 1.1 miles away.
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Madison Kindergarten Academy is a public elementary school located approximately 0.2 miles away.
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Madison Christian Academy is a private elementary, middle and high school located approximately 1.1 miles away.
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Number of Units: 2

Source Listing Status: Active
County: Madison
Directions: I-75 S to Exit 90-A; go approx 0.9 miles; turn right on Lexington Rd/W Main St; go approx 2.7 miles; stay right to go on Big Hill Avenue; go approx 0.2 miles; turn L on Altamont St; Property is on the right
Source Property Type: Multi-Housing
Area: 008 - Madison County
Source Neighborhood: Downtown
Subdivision: Downtown
Zoning: R-3
Source System Name: C2C

Listed 2024-05-14
$499,900
BLUEGRASS

Total Square Feet Living: 1200
Roof: Shingle
Levels or Stories: One
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.