9
See all 9 photos
$545,000
11 Beds
5 Baths
3,731 SqFt
Pending
249 Evansdale Avenue Richmond, KY 40475
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,731 sqft
Price per Sqft $146
Subdivision Hoskins
MLS Listing ID 26004170
Bedrooms 11
Full Baths 5
Lot Size 0.530 Acres
Acres 0.53
Property Sub-Type Duplex
Property Description
Excellent investment opportunity featuring a portfolio of THREE PROPERTIES with FIVE total rental UNITS. The centerpiece of the portfolio is a duplex offering two spacious 3-bedroom, 1-bath units that are both currently rented, providing immediate and stable income. The duplex has seen major recent improvements, including a roof replacement in October 2023 (new shingles and some sheathing). Both HVAC systems have also been replaced in recent years—Unit #1 in June 2021 and Unit #2 in December 2024. Also included are two additional properties with smaller units. One property features a 2-bedroom, 1-bath unit, while another includes a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit with a 1-car garage. Two of these smaller units are currently rented, and one home is intentionally being kept vacant to allow for showings and to provide an owner-occupant opportunity if desired. The vacant unit was previously rented for $1,100 per month and could easily be leased again to add to the income stream. Select units throughout the portfolio have been recently updated with vinyl plank flooring and fresh interior paint. This is a strong opportunity to acquire an updated, income-producing portfolio with immediate cash flow and additional upside potential. Seller is a licensed real estate agent.
Location
State KY
County Madison
Zoning Other
Interior
Heating Electric
Cooling Electric
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features Gravel, On Site, Paved
View Y/N N
Roof Type Dimensional Style,Metal,Shingle
Handicap Access No
Private Pool No
Schools
High Schools Madison Central
Listed by Premier Property Consultants