$1,450,000
$1,200,000
20.8%For more information regarding the value of a property, please contact us for a free consultation.
24 Beds
24 Baths
1,100 SqFt
SOLD DATE : 04/08/2025
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $1,318
Subdivision City Limits
MLS Listing ID 25000985
Bedrooms 24
Full Baths 12
Half Baths 12
Year Built 2011
Lot Size 1.400 Acres
Property Description
Prime Investment Opportunity - 12-Unit Apartment Complex in a Highly Desirable Location!
Discover this exceptional investment property consisting of 12 apartments in 3 quadplex buildings on 1 acre with an additional .4 acres included. Ideally situated in city limits, this offers convenience, strong tenant appeal, and long-term potential for steady rental income.
Highlights:
• 12 Units: 3 quadplexes featuring 2-bedroom, 1.5-bath units with 1,100 sq. ft. of thoughtfully designed living space.
• Modern Construction
• Building 1: Built in 2011
• Building 2: ' 2019
• Building 3: ' 2022
• Prime Location: A highly desirable area with excellent proximity to amenities, employment opps, and schools, ensuring consistent tenant demand.
• Strong Rental Potential: Well-maintained units with contemporary finishes, making them attractive to tenants.
Investment Details:
With staggered construction dates, this property offers a mix of established and newer buildings, reducing long-term maintenance costs while maximizing rental income. This is a rare chance to secure a high-quality, income-generating property in a sought-after market. Call agent today to schedule tour!
Location
State KY
County Laurel
Interior
Heating Electric
Cooling Electric
Exterior
Parking Features Paved, On Site
View Y/N N
Building
New Construction No
Schools
Elementary Schools London
Middle Schools South Laurel
High Schools South Laurel
School District Laurel County - 44
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