About This Home

This 4-bedroom, 2-bathroom multi-family at 1003 Northwood Drive in Murray, KY is listed for $205,000 ($114 per sqft). Built in 1980, the home offers 1,792 sqft of living space on a 0.46 acres lot.

Key Features

  • Built in 1980
  • 0.46 acre lot

Property Details

1 story
2 full
1980

Amenities

A/C
Listing Description

Investment opportunity in Murray! This well-maintained duplex at 1003 Northwood Drive offers a total of 1,792 square feet with two bedrooms and one full bathroom in each unit. Located north of Murray with R-4 Multi-Family zoning, the property is currently 100% occupied with leases in place through June 30, 2027.

Providing immediate rental income for the next owner. Major improvements include a roof replacement in 2022, and each unit is equipped with its own central HVAC system. All-electric utilities are provided through West Kentucky Rural Electric, with city water, sewer and trash service through Murray Municipal Utilities.

Conveniently located near Murray State University, this property is a great addition to an investment portfolio with continued potential for student, faculty or local rental demand. Whether you're an experienced investor or looking to get started with income-producing real estate, this duplex is one to consider! *24 Hour Notice Required for ALL Showings

Monthly Cost Estimate

$1,096/mo

20% down · 6.5% · 30 years

Principal$148
Interest$888
Insurance$60

Estimates only. Actual payments may vary.

Location

1003 Northwood Drive

Murray, KY 42071

Rural

Property Details

Heating

Electric (Heating)

Cooling

Electric

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 1003 Northwood Drive is listed at $205,000 ($114/sqft). The estimated monthly payment is $1,097 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1980, 0.46 acre lot.

This property is listed by Brittany Marchetti.

BM

Brittany Marchetti

Agent at Kopperud Realty

Listed by Kopperud Realty · Broker phone: (270) 753-1222 x109 · View on Broker Site · Broker website

MLS# 26023795· Source: ImagineMLS· 63 days on PropertySimple

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1003 Northwood Drive, Murray, KY 42071

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