$162,000 Price Analysis    ♡   Mount Sterling, KY 40353 6 bed 2 bath 1,882 SqFt ($86/SqFt) 0.29 acre lot. Built 1976 Listed 2024-05-30, Taxes $647 | ✓ USDA Eligible near Mount Sterling, KY |
All 6 duplexes priced at appraisal value.
Appraisals available upon request. Appraisal photos available upon request. Minimum 48 hour notice for showing appointments. Pre-approval letter or proof of funds r equired for ability to purchase all 6 properties before showing requests delivered to seller. Per Seller: The lease contracts are 1 year lease and month to month after that.
All renters have been there for a minimum of 5 years now with some being as much as 10. All units are due $100 per month increase end of July 2024 with a 2nd increase of $100 February 2025. Current rent amounts: 596 Magnolia - $450 and $600, 600 Magnolia - $550 and $688, 1204 Larkwood - $500 and $500, 1205 Larkwood - $500 & $500, 709 Melanie - $475 & $500, 738 Cobbler - $650 & $550. Totl rent all 12 units = $6, 463. All 6 duplexes must be purchased as a package for appraised value of $1, 034, 000.
Presented by Darrell Reynolds at
RE MAX Creative Realty.
Property MLS #24010851 from BLUEGRASS
Full Bathrooms: 2
Heating Features: Electric, Forced Air
Lot Size Dimensions: 75 / 145.56 x 100 / 121.35
Lot Size Square Feet: 12582
High School: Montgomery Co
Middle School: McNabb
School District: Montgomery County - 18
Map directions Map directions Map directions Map directionsCounty: Montgomery
Directions: Take I-64 exit. Maysville Road towards downtown. Culpepper, turn LEFT, Larkspur, turn LEFT, Magnolia, turn RIGHT. Duplex units on left.
Source Property Type: Multi-Housing
Area: 018 - Montgomery County
Source Neighborhood: Garden Springs
Subdivision: Garden Springs
Zoning: R-2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2008 | $unknown + $unknown $80,000 | $647 |
| 2008 | $65,000 + $15,000 $80,000 | $647 |
| 2008 | $65,000 + $15,000 $80,000 | $647 |
| 2008 | $65,000 + $15,000 $80,000 | $647 |
| 2008 | $65,000 + $15,000 $80,000 | $647 |
| 2008 | $65,000 + $15,000 $80,000 | $647 |
| 2008 | $65,000 + $15,000 $80,000 | $647 |
| 2008 | $80,000 + $15,000 $95,000 | $647 |
| 2008 | $80,000 + $15,000 $95,000 | $647 |
| 2008 | $80,000 + $15,000 $95,000 | $647 |
| 2008 | $80,000 + $15,000 $95,000 | $647 |
| 2005 | $unknown + $unknown $80,000 | $548 |
$162,000
BLUEGRASS
Property Age: 48
Roof: Metal
Levels or Stories: One
Structure Type: Duplex
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.