About This Home
This 3-bedroom, 2-bathroom residential multi family at 534 Wyatt Road in London, KY is listed for $175,000 ($128 per sqft). Built in 1985, the home offers 1,366 sqft of living space on a 0.45 acres lot.
Key Features
- Built in 1985
- 0.45 acre lot
- 4 parking spaces
Property Details
Amenities
Duplex Investment Opportunity Excellent income-producing duplex with long-term tenants already in place. If purchased at this price you return on investment will be 7.8%. Much better than a CD or annuity. This property features one 2-bedroom apartment and one 1-bedroom apartment, making it a great addition to any investment portfolio.
2-bedroom unit: Currently rented for $595/month on a month-to-month lease. 1-bedroom unit: Rented through HUD for $540/month. The owner currently pays the water bill for both units. The property also includes a paved parking area with space for up to four vehicles, providing convenient off-street parking for tenants.
Recent improvements include: Roof replaced in 2023. Hot water heater for the 1-bedroom unit replaced in 2023. Hot water heater for the 2-bedroom unit replaced approximately 2021. This property is being sold as is. Listing agent is the owner. Whether you're looking to expand your rental portfolio or invest in a property with established rental income, this duplex offers immediate rental income and strong investment potential.
Monthly Cost Estimate
$936/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
534 Wyatt Road
London, KY 40744
Rural
Property Details
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom residential multi family at 534 Wyatt Road is listed at $175,000 ($128/sqft). The estimated monthly payment is $936 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1985, 0.45 acre lot, 4 parking spaces.
This property is listed by Brenda Lawson and can be reached at 6062244343.