For sale by owner
  • Price cut: $20K (7/21)
    $310,000

    231 S Highland St, Winchester, KY 40391

    6beds
    3,000sqft
    : 
    MultiFamily
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $103/sqft
    $-- HOA

    What's special

    New roofNew appliancesNew electric mini-splitNew hvac systemGranite countertopsUpdated bathrooms
    Fully Remodeled Duplex – Investor Special or House Hacker Opportunity! ?? 231 S Highland Ave, Winchester, KY Asking Price: $310,000 Property Overview: Fully remodeled, cash-flowing duplex located minutes from downtown Winchester. This property features a 4 bed / 2 bath unit upstairs and a 2 bed / 1 bath unit downstairs — both fully renovated inside and out. Currently fully occupied with great tenants and strong rental history. Excellent turnkey opportunity for investors or someone looking to live in one unit and rent the other! Recent Renovations: New roof Both units fully gutted and remodeled Granite countertops and tile flooring throughout New appliances New HVAC system upstairs New electric mini-split downstairs Updated bathrooms, kitchens, and mechanicals Financials: Monthly Rent: $3,166 Annual Income: $37,992 Monthly Expenses: $1,055.03 (owner pays WTS, electric for downstairs, gas for both) Net Operating Income (NOI): $25,331/year Cap Rate: ~8.17% at $310,000 Bonus Features: Upstairs has separate gas meter (landlord currently pays, but could be tenant-paid in future) 1-car detached garage with storage or potential to convert into efficiency apartment Located close to schools, parks, and shopping This one won’t last long — great tenants, fully renovated, and cashflow from Day 1! Selling As-Is. Inspections Welcome
    31 days
    on Zillow
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