Five-unit apartment building sitting on approximately 1.7 acres +/-. All apartments are two bed, one bath. Monthly income at $2450.00 per month. I do provide water and trash to renters. All renters are long term renters, and all units are currently rented out. New roof and windows in 2018, per previous owner. Two septic tanks recently cleaned out in 2024 with risers installed so next time they are cleaned out they won't have to be located. Three of the five apartments have been extensively remodeled with new flooring, paint, light fixtures, and two with all new bathrooms. Four of the apartments have baseboard heat and renters provide their own window air conditioners. Large apartment has HVAC unit. Plenty of room to add more units or trailers to land. Located right off main highway and close to one of the largest employers in Wayne County, American Woodmark. High speed internet is available to renters. Room to add units, increase rent, and long-term renters make this investment property very attractive. Must have signed contract to do walk through.
For sale by owner
$269,000
114 Old Susie Rd, Monticello, KY 42633
10beds
--sqft
Est.:
MultiFamily
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
Overview
- 3 days
- on Zillow |
- 190 |
- 11 |
Listed by:
(606) 872-0490
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