9 Kevin James Lane

    Stanton, KY 40380
    • $529,000
    • STATUS: Active
    • ON SITE: 116 days
    • MLS #: 1805710
    UPDATED: 50 min ago
    $529,000
    • 2
      BEDS
    • 1.5
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 1,440
      SQFT
    • $367
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Information

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

    Description

    Rare opportunity to buy package of 7 duplexes within the city limits of Stanton. Within the city limits provides city sewer and zoning, which is extremely valuable when it comes to dealing in rental properties. At this price, the CPU breaks down to less than 40K per unit. Total of 14 units, all with 2BR 1BA and each has washer/dryer hookup. These properties have been locally owned and managed since construction and as of this listing are fully occupied.

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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/81918046

    9 Kevin James Lane Stanton, KY 40380

    • Price: $529,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 1805710
    2
    Beds
    1
    Baths
    0
    ½ Baths
    1.5
    Acres
    1,440
    SQFT
    $367
    $/SQFT
    Neighborhood:
    Airport
    County:
    Powell
    Area:
    Powell County
    Elementary School:
    Bowen
    Middle School:
    Powell Co
    High School:
    Powell Co
    School District:
    Powell County
    Property Description
    Rare opportunity to buy package of 7 duplexes within the city limits of Stanton. Within the city limits provides city sewer and zoning, which is extremely valuable when it comes to dealing in rental properties. At this price, the CPU breaks down to less than 40K per unit. Total of 14 units, all with 2BR 1BA and each has washer/dryer hookup. These properties have been locally owned and managed since construction and as of this listing are fully occupied.
    Exterior Features

    Lot Expansion Sq Ft 0 Lot Size 0 Parking 11 - 20 Spaces Roof Shingle Roof Age 0

    Interior Features

    Common Air Conditioning Electric Common Heat Forced Air Fuel Gas Fuel Source ElectricGas 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 R2 Electric 0 Fuel Expense 0 Gross Operating Income 0 Gross Scheduled Rent Income 100 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 EscrowLandlords Property Insurance 2240 Property Management 0 Property Type Duplex Real Estate Taxes 0 Repairs And Maintenance 0 Resident Manager 0 Rubbish Services 0 Sewer And Water 0 Sprinklers None 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 Christopher Allen of Napier Realtors. 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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    3221 Summit Square Place, Ste 200
    Lexington KY, 40590