Discover an unparalleled investment opportunity in the heart of Richmond

KY. Introducing a meticulously crafted quadplex offering the perfect blend of modern living and high-yield returns projected at $3, 400 per month!Prime Investment in Richmond, KY Quadplex with Office SpaceKey Highlights:Ideal Location: Situated in Richmond's thriving downtown community, this quadplex is strategically positioned near essential amenities and educational institu tions, ensuring high tenant demand.Featuring four residential units and a downstairs area being made into 4 bed 1bath apt spaces, designed to be rented on a per room basis for college students, this property offers multiple income streams for robust cash flow potential.Richmond's growing economy and rising property values present an opportune time to invest in this property, offering both immediate rental income and long-term appreciation potential.Seize this rare opportunity to diversify your portfolio and secure a promising investment in Richmnd's flourishing real estate market!

Discover an unparalleled investment opportunity in the heart of Richmond, KY. Introducing a meticulously crafted quadplex offering the perfect blend of modern living and high-yield returns projected at $3, 400 per month!Prime Investment in Richmond, KY Quadplex with Office SpaceKey Highlights:Ideal Location: Situated in Richmond's thriving downtown community, this quadplex is strategically positioned near essential amenities and educational institu tions, ensuring high tenant demand.Featuring four residential units and a downstairs area being made into 4 bed 1bath apt spaces, designed to be rented on a per room basis for college students, this property offers multiple income streams for robust cash flow potential.Richmond's growing economy and rising property values present an opportune time to invest in this property, offering both immediate rental income and long-term appreciation potential.Seize this rare opportunity to diversify your portfolio and secure a promising investment in Richmnd's flourishing real estate market!

Request Information
on 401 North St
in Richmond, KY
Presented by Denny Patterson at
Keller Williams Greater Lexington.


Property MLS #24006296 from BLUEGRASS

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 5

+ Bathrooms

Total Bathrooms: 3.00
Full Bathrooms: 3

+ Heating and Cooling

Cooling Features: Window Unit(s)
Heating Features: Floor Furnace, Space Heater

+ Land Info

Lot Size Acres: 0.2
Lot Size Square Feet: 8712

+ Garage and Parking

Parking Features: 1 - 5 Spaces

+ School Information

Elementary School: Madison Kinder Acdmy
High School: Madison Central
Middle School: Madison Mid
School District: Madison County - 8
+ Display Complete School Details

Madison Middle School is a public middle school located approximately 0.4 miles away.
Map directions

Madison Central High School is a public high school located approximately 0.5 miles away.
Map directions

Madison Christian Academy is a private elementary, middle and high school located approximately 0.2 miles away.
Map directions

Daniel Boone Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions

+ Multi-Unit Info

Number of Units: 4

+ Rental Info

Number of Units Vacant: 3

+ Other Property Info

Source Listing Status: Pending
County: Madison
Directions: From Exit 87 on I-75Head east on Barnes Mill Rd/Eastern BypassContinue to follow Eastern Bypass0.3 miContinue straight to stay on Eastern Bypass0.6 miTurn left onto Lancaster Ave1.0 miTurn right onto W Main St85 ftTurn left onto Church St0.1 miTurn left onto North StDestination will be on the right
Source Property Type: Multi-Housing
Area: 008 - Madison County
Source Neighborhood: Downtown
Subdivision: Downtown
Zoning: R1-C
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-04-04
$200,000
BLUEGRASS

+ Building and Construction

Total Square Feet Living: 3154
Roof: Composition
Levels or Stories: Two
Structure Type: Quadruplex, Triplex