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    475 Christy Creek

    Morehead, KY 40313
    • $398,500
    • STATUS: Active
    • ON SITE: 134 days
    • MLS #: 20009330
    UPDATED: 51 min ago
    $398,500
    • 0
      BEDS
    • 1.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Information

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

    Description

    This property is generating income. The rent has room to be raised. 8 Plex has one vacancy right now it is being used as the office. All units are currently $550 but could be raised to 575-600 with tenant paying electric. This building has a newer roof. There is land that more apartments can be built on. With this property you get the convenience of city sewage and water but do not pay city taxes.

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    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/105829154
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    475 Christy Creek Morehead, KY 40313

    • Price: $398,500
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 20009330
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.24
    Acres
    Neighborhood:
    Rural
    County:
    Rowan
    Area:
    Rowan County
    Elementary School:
    Rodburn
    Middle School:
    Rowan Co
    High School:
    Rowan Co
    School District:
    Rowan County
    Property Description
    This property is generating income. The rent has room to be raised. 8 Plex has one vacancy right now it is being used as the office. All units are currently $550 but could be raised to 575-600 with tenant paying electric. This building has a newer roof. There is land that more apartments can be built on. With this property you get the convenience of city sewage and water but do not pay city taxes.
    Exterior Features

    Lot Expansion Sq Ft 0 Lot Size 0 Parking 6 - 10 Spaces Roof Shingle Roof Age 0

    Interior Features

    Laundry Sq Ft 0 Sq Ft Common Area 0

    Property Features

    Building Expansion Sq Ft 0 Cash Flow Before Tax 0 Credit Losses And Vacancy 0 Current Zoning C 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 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 Terms Sale Total Annual Debt Service 0 Total Gross Income 0 Total Operating Expense 0 Vacant Units 0 Water Services 0 Year Built Exception Unknown

    Listing provided courtesy of Rony Jo Ballou of Gooch Auction Group & Realty Co, Llc. Listing information © 2020 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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    Better Homes and Garden Real Estate Cypress
    3221 Summit Square Place, Ste 200
    Lexington KY, 40590
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