Excellent Investment Opportunity in Richmond! This 5-Unit Apartment Building (Three 2BR, 1BA Units and Two 3BR, 1BA Units. Four Units Have Their Own Detached Storage Unit) at 240 Susan Drive Offers Strong Potential for Increased Income ? Current Leases are Under Market Value, Presenting an Immediate Value-Add Opportunity for Savvy Investors. Conveniently Located Near Shopping, Dining, and Eastern Kentucky University, this Well-Maintained Property Provides Consistent Occupancy and Solid Rental History. With Updated Rents, this Property Could Deliver Impressive Returns in Richmond's Growing Rental Market.
For sale
$525,000
240 Susan Dr, Richmond, KY 40475
12beds
4,920sqft
Est.:
Multi Family
Built in 1990
-- sqft lot
$358,700 Zestimate®
$107/sqft
$-- HOA
What's special
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