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About This Home
This 7-bedroom, 5-bathroom residential multi family at 119 Fifth Avenue in Clay City, KY is listed for $420,000 ($151 per sqft). Built in 1994, the home offers 2,784 sqft of living space on a 0.15 acres lot.
This multi-family Triplex income property features three spacious Units. Two Units have 2 bedrooms / 1 bathroom . The third unit features 3 bedrooms/3 bathrooms. Two units are currently rented. One unit has just recently been vacated and is currently open for showings.
Two units have had updates within the past two years with new HVAC systems and rear 8 x 10 decks. The roof was replaced 9 yrs ago a new blacktop parking lot for the Triplex tenants. A Survey and floor plans are available with Sellers Disclosure. Easy access to schools, professional offices, restaurants and the Bert T Combs Mt Parkway.
Located 45 minutes from Lexington I-75 and minutes from the Red River Gorge. Conveniently located with steady rental demand. Whether you're expanding your portfolio or entering the multifamily space, this is a rare value-add opportunity with multiple revenue streams already in motion with current income. Please allow 48 hours to notify tenants in two of the units for a showing. Showings can be scheduled with proof of funds or a lender pre-approval letter from potential buyers.
Key Features
- Built in 1994
- 0.15 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,246/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
119 Fifth Avenue
Clay City, KY 40312
Rural
Property Details
Heating
Cooling
Questions & Answers
This 7-bedroom, 5-bathroom residential multi family at 119 Fifth Avenue is listed at $420,000 ($151/sqft). The estimated monthly payment is $1,820 based on 20% down at 6.5% interest.
Key features include: Built in 1994, 0.15 acre lot.
This property is listed by Vanessa D Crowe and can be reached at 8599408292 or vancrowe@gmail.com.
