$749,000 Price Analysis   ♡   Paducah, KY 42003 Unknown bed None bath unknown SqFt ($0/SqFt) 0.35 acre lot. Listed 2024-03-04 | ✓ USDA Eligible near Paducah, KY |
Seize this prime investment opportunity with an 8-plex multi-family apartment complex generating a total monthly rent roll of $6
900. The property boasts recent upgrades including a new roof in 2022 and a fresh parking lot in 2019. Each unit features a patio for grilling or enjoying fresh air, enhancing tenant satisfaction. Strategically located near the interstate, commuting is a breeze for residents.
Most units have undergone extensive renovations with new appliances, flooring, vanities, cabinets and countertops. This investment promises strong returns and lng-term growth potential. Don't miss out on this lucrative venture.
Presented by Jeffrey Garner at
Housman Partners Real Estate.
Property MLS #125796 from WesternKentucky
Ceiling Fan(s)
Smoke Alarm
Washer/Dryer Hookup
Flooring: Carpet, Tile, Vinyl/Linoleum
Heating Features: Natural Gas
Water Heaters: Electric
Patio
Lot Size Acres: 0.35
Topography: Level
Lot Size Square Feet: 15246
Stove
Calculated Total Monthly Association Fees: 0
High School: McCracken Co. HS
Middle School: Reidland Middle
Map directions Map directions Map directions Map directionsBedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Full Bathrooms in Unit-5: 1
Full Bathrooms in Unit-6: 1
Half Bathrooms in Unit-2: 1
Half Bathrooms in Unit-3: 1
Half Bathrooms in Unit-6: 1
Unit-1 Description: Refrigerator, Stove
Unit-2 Description: Refrigerator, Stove
Unit-3 Description: Refrigerator, Stove
Unit-4 Description: Refrigerator, Stove
Unit-5 Description: Refrigerator, Stove
Unit-6 Description: Refrigerator, Stove
Unit 1 Total Actual Rent: 900
Unit 2 Total Actual Rent: 950
Unit 3 Total Actual Rent: 925
Unit 4 Total Actual Rent: 725
Unit 5 Total Actual Rent: 725
Unit 6 Total Actual Rent: 925
County: McCracken
Directions: From I 24 E, exit 16 and turn right onto US-68 toward Paducah. Turn right onto KY-284 N/Benton Rd. Turn left onto Grogan Circle and the building is on the right.
Source Property Type: Multi-Family
Property Subtype: Five Or More
Source System Name: C2C
$749,000
WesternKentucky
Listed 2024-03-04
$775,000
WesternKentucky
Gas: Atmos Energy
Sewer: Public/Municipality
Television: Cable Installed
Garbage - Private
Water Source: Public/Municipality
Construction Materials: Frame
Foundation Details: Slab
Roof: Dimensional Shingle
Levels or Stories: Two
House Style: 1.5 Story
Walls: Dry Wall
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
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.