150 River Street

    Clay City, KY 40312
    • $548,750
    • STATUS: Active
    • ON SITE: 491 days
    • MLS #: 1616779
    UPDATED: 23 min ago
    $548,750
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,824
      SQFT
    • $40
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2001
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Looking for a great investment opportunity? Look no further. This is a 16 unit apartment complex in Clay City. Each unit is a 2 bedroom 1 bath with open kitchen and living room. Four units are ADAS accessible. Property has a proven rental record with a historical occupancy rate of 98%. Current leasing is for all utilities paid including satellite TV with a box deposit and $650/month 1 year lease. Conveniently located next to shopping, the post office, medical offices and the ever important Mountain Parkway. Don't miss your opportunity to own this key property. Broker has ownership interests in the company that owns this property.

    Monthly Payment Calculator

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Better Homes and Garden Real Estate Cypress are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
    www.lexingtonkyhomesearch.com/homes/75751697

    150 River Street Clay City, KY 40312

    • Price: $548,750
    • Status: Active
    • Updated: 23 min ago
    • MLS #: 1616779
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    13,824
    SQFT
    $40
    $/SQFT
    2001
    Built
    Neighborhood:
    Downtown
    County:
    Powell
    Area:
    Powell County
    Elementary School:
    Clay City
    Middle School:
    Powell Co
    High School:
    Powell Co
    School District:
    Powell County
    Property Description
    Looking for a great investment opportunity? Look no further. This is a 16 unit apartment complex in Clay City. Each unit is a 2 bedroom 1 bath with open kitchen and living room. Four units are ADAS accessible. Property has a proven rental record with a historical occupancy rate of 98%. Current leasing is for all utilities paid including satellite TV with a box deposit and $650/month 1 year lease. Conveniently located next to shopping, the post office, medical offices and the ever important Mountain Parkway. Don't miss your opportunity to own this key property. Broker has ownership interests in the company that owns this property.
    Exterior Features

    Lot Expansion Sq Ft 0 Lot Size 1 Parking 21 - 35 Spaces Roof Shingle Roof Age 0 Stories Two

    Interior Features

    Common Air Conditioning Heat PumpZone Common Heat Heat Pump Fuel Electric Fuel Source Electric Laundry Sq Ft 0 Sq Ft Common Area 2227

    Property Features

    Ada Accessible Yes Building Expansion Sq Ft 0 Cash Flow Before Tax 0 Credit Losses And Vacancy 0 Current Zoning Unknown Documents On File Survey Electric 0 Fuel Expense 0 Gross Operating Income 0 Gross Scheduled Rent Income 0 Janitorial Services 0 Lawn Services 0 Less Operating Expense 0 Net Operating Income 0 Non Conforming No Occupant Type Tenant Other Income 0 Personal Property Taxes 0 Possession Close Of Escrow Property Insurance 0 Property Management 0 Property Type Apartments Real Estate Taxes 0 Repairs And Maintenance 0 Resident Manager 0 Rubbish Services 0 Sewer And Water 0 Sprinklers None Tax Rate 0.9952 Terms Sale Total Annual Debt Service 0 Total Gross Income 0 Total Operating Expense 0 Vacant Units 0 Water Services 0

    Listing provided courtesy of Richard Rednour of Rednour & Associates. Listing information © 2018 LBAR Multiple Listing Service. All rights reserved.
    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Better Homes and Garden Real Estate Cypress are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
     
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