284 Lincoln Avenue,Monticello, KY 42633
Monticello, KY 42633
Description
Great investment opportunity with excellent cash flow! This income-producing property features three mobile homes, all currently occupied by tenants. Home 1 (302 Lincoln Ave.) offers 2 bedrooms and 1 bathroom, Home 2 (284 Lincoln Ave.) features 3 bedrooms and 2 bathrooms, and Home 3 (212 Bertram St.) includes 3 bedrooms and 2 bathrooms. Each home is equipped with central heating and air conditioning and has been remodeled within the past 18 months, providing updated, low-maintenance rental units. All three homes are connected to city sewer, and the property offers additional space with the potential to add up to two more mobile homes, creating even greater income potential. The three homes currently generate a combined gross monthly rental income of $1,750. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this is an opportunity you won't want to miss. Call today for additional information or to schedule your private showing!
Details
| MLS # | 26020256 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1998 |
| Days On Site | 52 |
| Listing Provided By | No Wake Real Estate | HG Hickey III |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 924 |
| Story(s) | 1 |
| Acreage | 1.25 |
Interior
| Rooms Total | 6 |
|---|---|
| Cooling | Central Air |
| Heating | Heat Pump |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Range, Refrigerator |
Exterior
| Roof | Metal |
|---|---|
| Construction Materials | Vinyl Siding |
| Foundation Details | Pillar/Post/Pier |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Area Information
| State | KY |
|---|---|
| County | Wayne |
| City | Monticello |
| Zip Code | 42633 |
| Area | 070 Wayne County |
| Subarea | Wayne County |
| School District | Wayne County |
| Elementary School | Bell |
| High School | Wayne Co |
| Listing VS Median (in 42633) | |
Price: $139,000 low | high Med: $259,000 sqft: 924 low | high Med: 1,713 $ / sqft: $150 low | high Med: $151 On site: 52 low | high Med: 156 | |
Market Activity 42633
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Learn More About This Property
| State | KY |
|---|---|
| County | Wayne |
| City | Monticello |
| Zip Code | 42633 |
| Area | 070 Wayne County |
| Subarea | Wayne County |
| School District | Wayne County |
| Elementary School | Bell |
| High School | Wayne Co |
| Listing VS Median (in 42633) | |
Price: $139,000 low | high Med: $259,000 sqft: 924 low | high Med: 1,713 $ / sqft: $150 low | high Med: $151 On site: 52 low | high Med: 156 | |
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