16
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$279,000
2 Beds
1 Bath
4,520 SqFt
Pending
52 Greenside Drive Monticello, KY 42633
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 4,520 sqft
Price per Sqft $61
Subdivision Rural
MLS Listing ID 26021147
Bedrooms 2
Full Baths 1
Year Built 1979
Lot Size 1.810 Acres
Acres 1.81
Property Sub-Type Apartment
Property Description
Excellent investment opportunity with immediate cash flow! This well-maintained 5-unit apartment building is conveniently located just outside the city limits in Wayne County, offering the perfect combination of country living and investment potential. Each unit features 2 bedrooms, 1 bathroom, and washer and dryer hookups. Four of the five units have been tastefully remodeled within the last two years, providing updated finishes that appeal to tenants. Four apartments offer approximately 800 square feet of living space, while the fifth unit features approximately 1,200 square feet. Situated on a generous 1.8+/- acre unrestricted lot, the property offers ample room for future expansion or additional income-producing opportunities. The apartments are currently 100% occupied and generate $2,950 per month in rental income, making this a turnkey investment with established cash flow from day one. Whether you're looking to grow your investment portfolio or own a property with future development potential, this is an opportunity you won't want to miss. Proof of funds or pre approval letter will be required for interior showings. Call today for additional information.
Location
State KY
County Wayne
Interior
Heating Baseboard, Electric, Heat Pump
Cooling Central Air, Window Unit(s)
Exterior
View Y/N N
Roof Type Metal
Handicap Access No
Private Pool No
Schools
Elementary Schools Wayne Co
Middle Schools Wayne Co
High Schools Wayne Co
Listed by No Wake Real Estate
NEARBY SCHOOL & BUSINESS
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