Mt Sterling, KY 40353,709 Melanie Lane

$131,615

Est. payment /mo

$152,000

13.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

709 Melanie Lane Mt Sterling, KY 40353

6 Beds

2 Baths

1,882 SqFt

SOLD DATE : 11/26/2024

Key Details

Sold Price $131,615

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,882 sqft

Price per Sqft $69

Subdivision Eastland

MLS Listing ID 24010854

Sold Date 11/26/24

Bedrooms 6

Full Baths 2

Year Built 1963

Lot Size 0.441 Acres

Property Description

*Serious Buyers Only *Duplex is available for single duplex contract offers and listed for the current appraised value of $152k as of April 2024 *Appraisal report & appraisal photos available upon request *Pre-approval letter or proof of cash funds required for ability to purchase in advance of scheduling any showing appointment *Minimum 48 hour notice required for all showings *Tenants are on month to month leases and have been tenants for more than 5 years *Current rent for the 2 units are $575 for one side & $600 for the other side *Both units are due $100 per month increases of $100 in February 2025 and both tenants are aware of the future increases *Appraisal estimated monthly market rent $1,350 total of both sides *Ages of heat and air units are approx. 16 years *Roof is approx.20 years *Short drive to Botts Park & Easy Walker Park *Sold As-Is, no seller repairs or improvements *Terrific opportunity to begin your own real estate investment business! *Possible purchase package acceptable with 596 Magnolia, 600 Magnolia, 1204 Larkwood, 1205 Larkwood, 738 Cobbler *Call, text or email for more information today!

Location

State KY

County Montgomery

Interior

Heating Forced Air, Natural Gas

Cooling Electric

Exterior

View Y/N N

Roof Type Composition,Shingle

Building

New Construction No

Schools

Elementary Schools Mt Sterling

Middle Schools Mcnabb

High Schools Montgomery Co

School District Montgomery County - 18

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by RE/MAX Creative Realty
agent

Jennifer Ashley

Agent | License ID: 282367

+1(606) 305-9342

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.