BEDS6
BATHS6 full
SQUARE FEET2,700
MLS#26013646
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCity Limits
SCHOOLBell County - 87
Property Description
Excellent investment opportunity with a strong ~9% cap rate at asking price! This unique 4-unit property offers incredible versatility-perfect as a pure cash-flowing asset or an ideal opportunity to live in one unit while renting out the other three. The property consists of four fully occupied units: a main multi-family building featuring one 2-bedroom unit and two 1-bedroom units, plus a detached, standalone 2-bedroom, 2-bathroom manufactured home. All units have been historically well-maintained, feature newer appliances, and have received numerous updates and improvements over the years. Currently rented at stable, conservative rates, this property offers an immediate return on investment with substantial upside potential to increase rents to market value. A formidable long term opportunity.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Ceiling Fan(s), Wall Unit(s)
Heating: Forced Air, Heat Pump, Space Heater
Lot Size: 0.35 Acres
Roof Type: Composition
Year Built: 1946
Feature Descriptions
Days on Site: 4
Laundry: Main Level
Laundry Features: Main Level
Lot Dimensions: 0.355 acre(s)
Parcel #: 069-34-06-021.00
Parking Notes: On Site
Structure Type: Quadruplex
Utilities: Cable Connected, Electricity Connected
Local Schools
High School: Middlesboro Ind
School District: Bell County - 87
Listed By / Shown By
Listed By
Agency Name: Continental Real Estate Group
Shown By
Agent Name: Rodney Kuhl
Agent Phone: (606) 682-0377
Agency Title: SALLIE DAVIDSON, REALTORS
Estimate Your Payment
Estimated Payment
$ 891.38 per month $824.45 Principal & Interest $0.00 Property Tax (data not provided by mls) $66.94 Homeowner's InsuranceChange Payment Information
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623 N 20th Street | MLS# 26013646
This multi-family property located at 623 N 20th Street, Middlesboro, KY 40965 is currently listed for sale with an asking price of $229,500. N 20th Street is located within the Bell County - 87 school district. Search Middlesboro real estate on rkuhl.salliedavidson.com today.