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100 Summit Drive Mt Sterling, KY 40353
SOLD DATE : 11/08/2021Want to know what your home might be worth? Contact us for a FREE valuation!
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Key Details
Sold Price $1,850,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 29,580 sqft
Price per Sqft $62
Subdivision Downtown
MLS Listing ID 20118355
Sold Date 11/08/21
Bedrooms 2
Full Baths 1
Year Built 1975
Lot Size 1.590 Acres
Property Sub-Type Apartment
Property Description
Wonderful Investment property in the heart of Mt. Sterling located on the corner of W. Main Street and and the bypass. 35 total units, 22 renovated, 34 rented and 1 signing lease next week. Approx. 850 sq ft. 2 bedroom 1 bath units. Laundry room located next to the office. High demand rental market with very little offered available in the area. Tenants pay electric, Rental income 21,000+. Onsite property manager that will stay if property is sold.
Location
State KY
County Montgomery
Interior
Heating Natural Gas
Cooling Electric
Exterior
Parking Features On Site, Paved
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N N
Roof Type Flat
Handicap Access No
Private Pool No
Building
New Construction No
Schools
High Schools Montgomery Co
Others
Special Listing Condition Standard
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