52 Greenside Drive,Monticello, KY 42633
Monticello, KY 42633
Description
Excellent investment opportunity with immediate cash flow! This well-maintained 5-unit apartment building is conveniently located just outside the city limits in Wayne County, offering the perfect combination of country living and investment potential. Each unit features 2 bedrooms, 1 bathroom, and washer and dryer hookups. Four of the five units have been tastefully remodeled within the last two years, providing updated finishes that appeal to tenants. Four apartments offer approximately 800 square feet of living space, while the fifth unit features approximately 1,200 square feet. Situated on a generous 1.8+/- acre unrestricted lot, the property offers ample room for future expansion or additional income-producing opportunities. The apartments are currently 100% occupied and generate $2,950 per month in rental income, making this a turnkey investment with established cash flow from day one. Whether you're looking to grow your investment portfolio or own a property with future development potential, this is an opportunity you won't want to miss. Proof of funds or pre approval letter will be required for interior showings. Call today for additional information.
Details
| MLS # | 26021147 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Contingent |
| Year | 1979 |
| Days On Site | 31 |
| Listing Provided By | No Wake Real Estate | HG Hickey III |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 4,520 |
| Units | 5 |
| Building(s) | 1 |
| Zoning | None |
| Acreage | 1.81 |
Interior
| Cooling | Central Air, Window Unit(s) |
|---|---|
| Heating | Baseboard, Electric, Heat Pump |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Metal |
|---|
Area Information
| State | KY |
|---|---|
| County | Wayne |
| City | Monticello |
| Zip Code | 42633 |
| Area | 070 Wayne County |
| Subarea | Wayne County |
| Community Name | Rural |
| School District | Wayne County |
| Elementary School | Wayne Co |
| High School | Wayne Co |
| Listing VS Median (in Rural) | |
Price: $279,000 low | high Med: $295,000 sqft: 4,520 low | high Med: 2,262 $ / sqft: $62 low | high Med: $130 On site: 31 low | high Med: 63.5 | |
Market Activity 42633
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Learn More About This Property
| State | KY |
|---|---|
| County | Wayne |
| City | Monticello |
| Zip Code | 42633 |
| Area | 070 Wayne County |
| Subarea | Wayne County |
| Community Name | Rural |
| School District | Wayne County |
| Elementary School | Wayne Co |
| High School | Wayne Co |
| Listing VS Median (in Rural) | |
Price: $279,000 low | high Med: $295,000 sqft: 4,520 low | high Med: 2,262 $ / sqft: $62 low | high Med: $130 On site: 31 low | high Med: 63.5 | |
