3712 N Hwy 421, Manchester, KY 40962

$175,000
4
BD
2
BA
3,000
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$175,000
MLS#
26023432
Status
ACTIVE
Type
Multifamily
Subtype
Apartment
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
3,000
Lot Size
10,018

Property Description

INVESTORS TAKE NOTICE! This versatile two-story mixed-use investment property offers multiple income-producing possibilities, with two existing apartments capable of generating monthly rental income of $1600 or more, with even greater potential. The second floor features two spacious apartments, each offering comfortable living areas with open concept layouts connecting the living spaces to the kitchens. Each apartment includes 2 bedrooms and 1 bath and a laundry space. The downstairs level offers 1/2 bath with washer/dryer hookup. Two large open spaces with garage doors and two separate entry doors. This area was previously used for a business and offers excellent potential for a new business, additional rental space, or conversion into as many as two additional apartments. Outside, the property provides additional space large enough to accommodate a small mobile home, with hook-ups already in place, creating another potential income-producing opportunity. Located along a high-traffic highway, this property offers excellent visibility and flexibility for an investor looking to generate income from multiple sources. *Property being SOLD AS IS! * Buyer to verify sq. footage.

Additional Information

Elementary School
Manchester
Middle School
Clay County
High School
Clay County

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Sallie Davidson, Realtors.