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Barry Turner

barry@laketimeky.com +1(606) 875-5988

$ 400,000

4 Beds

4 Baths

3,192 SqFt

Save

$ 400,000

Save

4 Beds

4 Baths

3,192 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,192 sqft

Price per Sqft $125

Subdivision Orchard

MLS Listing ID 26014582

Bedrooms 4

Full Baths 2

Half Baths 2

Year Built 2002

Lot Size 7,000 Sqft

Acres 0.16

Property Sub-Type Duplex

Property Description

Ready to buy your first investment property? Here's a great opportunity to live in one side of these 2 adjoining townhomes and rent out the other! Or, add these updated income-producing properties to your investment portfolio. The units are deeded separately, but they share a roof & a fence, making them a better package deal than to be sold separately. Beginning July 1, both tenants will be paying $1,200/month. The tenant in 508 Platt is planning to move out in September, so there is an opportunity to raise that rent to current fair market rates or, move into that side, with instant income from 506. The tenant in 506 has lived there for 8-10 yrs & would like to stay. The owner used to live in one of the units & has taken great care of the properties since converting them to rentals. Almost everything in each unit has been updated in the last 10 years, including new Trex deck boards in 2025; The roof (shared), water heaters & 506 HVAC were replaced in 2018; The 508 HVAC was replaced in 2017; New luxury vinyl flooring in 2015 (506) and 2018 (508). 48 hours notice required to show. Selling as is. Inspections welcome.

Location

State KY

County Jessamine

Interior

Heating Electric, Heat Pump

Cooling Electric

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Parking Features On Site, Open, Paved

Utilities Available Electricity Connected, Underground Utilities

View Y/N N

Roof Type Dimensional Style,Shingle

Handicap Access No

Private Pool No

Schools

Elementary Schools Red Oak

Middle Schools East Jessamine Middle School

High Schools East Jess Hs

Imagine MLS / Bluegrass Association of REALTORS (LBAR)

Listed by Firefly Realty & Investments

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(606) 875-5988

barry@laketimeky.com

44 Office Park Dr, Somerset, KY 42501, USA

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508 & 506 Platt Drive Nicholasville, KY 40356