596 Magnolia Drive
Mt Sterling,
KY
40353
Property Details
List Price: |
$156,000 |
Beds: |
6 |
Baths: |
2 |
Status: |
Active |
SqFt: |
1882 |
Agency: |
RE/MAX Creative Realty |
Warning: Invalid argument supplied for foreach() in
/var/www/hudex/templates/importanthomescyphersvideo/html/com_propertylist/details/default.php on line
469
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1976 |
Notes: |
All 6 duplexes priced at appraisal value. Appraisals available upon request. Appraisal photos available upon request. Minimum 48 hour notice for showing appointments. Pre-approval letter or proof of funds required for ability to purchase all 6 properties before showing requests delivered to seller. Per Seller: The lease contracts begin with 1 year lease and then month to month *All units occupied with current tenants of 5-10 years *All units are due $100 per month increase end of July 2024 with a 2nd increase of $100 February 2025 *Current rent amounts: *596 Magnolia - $450 & $600, *600 Magnolia - $550 & $688, *1204 Larkwood - $500 & $500, *1205 Larkwood - $500 & $500, *709 Melanie - $475 & $500, *738 Cobbler - $650 & $550. Total rent all 12 units = $6,463 *Ages of heat and air approximate - 596 Magnolia 2001, rest on Magnolia are original / Larkwood between 2010 to 2013 / 709a Melanie Lane 2008 / Cobbler new 2003 / All heat and air in working order *All roofs have been replaced within past 7 years with exception of Melanie which is approximately 20 years and Cobbler new 2003 *All 6 duplexes must be purchased as a package *Appraised value of all 6 Duplexes = $1,034,000. |
MlsNumber: |
24010849 |
Estimate Your Monthly Payment
Listing Provided By: |
RE/MAX Creative Realty, original listing |
Name: |
RE/MAX Creative Realty |
Phone: |
(859) 422-2000 |
Office Name: |
RE/MAX Creative Realty |
Office Phone: |
(859) 422-2000 |
Agent Name: |
Darrell Reynolds |
Disclaimer: |
Copyright © 2024 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |