401 North Street Richmond, KY $ 190,000
401 North Street
$ 190,000
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401 North Street

Richmond, KY, 40475
$ 190,000
Bedrooms5 Baths3.0 Sq 3,154

Monthly Estimate*

$ 1,263

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Multi-Family Home for sale in Richmond, KY

for $190,000 with 5 bedrooms and 3 full baths. This 3,154 square foot home was built on a lot size of 0.2.

Discover an unparalleled investment opportunity in the heart of Richmond, KY. Introducing a meticulously crafted quadplex offering the perfect blend of modern living and high-yield returns projected at $3,400 per month!Prime Investment in Richmond, KY Quadplex with Office SpaceKey Highlights:Ideal Location: Situated in Richmond's thriving downtown community, this quadplex is strategically positioned near essential amenities and educational institutions, ensuring high tenant demand.Featuring four residential units and a downstairs area being made into 4 bed 1bath apt spaces, designed to be rented on a per room basis for college students, this property offers multiple income streams for robust cash flow potential.Richmond's growing economy and rising property values present an opportune time to invest in this property, offering both immediate rental income and long-term appreciation potential.Seize this rare opportunity to diversify your portfolio and secure a promising investment in Richmond's flourishing real estate market!

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Multi-Family Pending

Price

$ 190,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex,Triplex

Lot Size

0.2

Town/City

Richmond

County/Region

Madison

MLS | Web ID

24006296

Features
General
Heating Floor Furnace Space Heater
Cooling Window Unit(s)
Possession Close Of Escrow
Roof Composition
Parking 1 - 5 Spaces
# of Buildings One
School District Madison County - 8
Subdivision Downtown
County Madison
Tax Rate 0.01095
Property Type F
Area 008 - Madison County
Terms Sale
Status Pending
Year Built 9999
Directions From Exit 87 on I-75Head east on Barnes Mill Rd/Eastern BypassContinue to follow Eastern Bypass0.3 miContinue straight to stay on Eastern Bypass0.6 miTurn left onto Lancaster Ave1.0 miTurn right onto
City Richmond
Street Name North
Water Water Available
High School Madison Central
Elementary School Madison Kinder Acdmy
Structure Type Quadruplex Triplex
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Interior
Total Bedrooms 5
Total Baths 3.00
Full Baths 3
Stories Two
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Exterior
Street Suffix Street
Sewer Sewer Available
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* Excluded Features
List By
Keller Williams Commonwealth

Broker

dennypatterson.re@outlook.com

Email

Affordability Calculator

$1,263
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,263
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4507055 Elementary School
3289613 Middle School
Madison Central High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$190,000 -5.00% Price Down
4/4/2024$200,000 Listed Price

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401 North Street, Richmond, KY, 40475 is a Multi-Family Home for sale at $190,000 with 3,154 sqft and a lot size of 0.2. 401 North Street has 5 bedrooms and 3.0 baths. The property's zip code is 40475 which is in Richmond, KY