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$369,000   Price Analysis
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2 Wellington Ct
Richmond, KY 40475
7 bed 4 bath 3,795 SqFt ($97/SqFt)
6,098SqFt lot. Built 1922
Listed 2024-06-12
USDA Eligible
near Richmond, KY
 Restrictions may apply
due to home size

Excellent opportunity!

* Has Contingent Offer *

This renovted 4-unit investment property, steps from EKU's campus, is ready to become your dream investment. Whether you're a first-time investor or seasoned professional, this prope rty offers exceptional potential.- Unit A on the 2nd level is a 3BR/1BA unit, currently operated as an Airbnb and provides unlimited opportunities.The additional 3 units are fully occupied.

- Unit B, on the main level, features 2BR/1BA.- Units C and D, located in the basement, are each 1BR/1BA units.This carpet-free residence has been meticulously maintained and updated, ensuring low maintenance for you. You can operate it as an investment property or reside in the Airbnb unit as an owner-occupant. The Airbnb furniture can be negotiated with an acceptable offer. With its prime location, excellent condition, ample parking and excellent condition, this is the property you've been waiting for!


Presented by Robin Jones at
Keller Williams Legacy Group.
Listing Agent Photo

Property MLS #24011926 from BLUEGRASS

Bedrooms: 7

Total Bathrooms: 4.00
Full Bathrooms: 4

Cooling Features: Heat Pump
Heating Features: Heat Pump

Lot Size Acres: 0.1399908
Lot Size Square Feet: 6098

Parking Features: 6 - 10 Spaces, Gravel

Elementary School: Kit Carson
High School: Madison Central
Middle School: Madison Mid
School District: Madison County - 8

Madison Middle School is a public middle school located approximately 0.2 miles away.
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Madison Central High School is a public high school located approximately 0.8 miles away.
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St Mark School is a private elementary school located approximately 0.3 miles away.
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Model Laboratory Elementary School is a public elementary school located approximately 0.6 miles away.
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Number of Units: 4

Source Listing Status: Contingent
County: Madison
Directions: I-75 S to Exit 87; turn L at end of ramp; go to EKU intersection and turn L on Lancaster Ave; turn R on Wellington Ct; House is straight ahead.
Source Property Type: Multi-Housing
Area: 008 - Madison County
Source Neighborhood: Downtown
Subdivision: Downtown
Zoning: R-3
Source System Name: C2C

Listed 2024-06-12
$369,000
BLUEGRASS

Total Square Feet Living: 3795
Property Age: 102
Roof: Shingle
Levels or Stories: Two
Structure Type: Quadruplex
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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.