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Sold for $425,000 on 02/14/25
  • $425,000

    502 College Ave #6, Paducah, KY 42001

    8beds
    4baths
    5,484sqft
    Multi Family, Apartment
    Built in 1979
    -- sqft lot
    $454,500 Zestimate®
    $77/sqft
    $-- Estimated rent

    What's special

    Attention Investors! Low-maintenance and well-maintained 6-unit investment property located in the heart of Lone Oak for sale. Each apartmentfeatures 2 bedrooms and 1 bathroom. Five of the six units have been upgraded to LVP or laminate flooring and have been freshly painted withnew tenants. Over the years, the property has seen significant updates, including a new metal roof in 2014 and recent repainting andweatherproofing of the front stairs. Several rents are below market rate. Market rates range from $850-$950 or more for short-term or furnished rentals. Rent roll, pro-forma and financials available.

    Zillow last checked: 7 hours ago

    Listing updated: February 27, 2025 at 12:02pm

    Listed by:

    Dawn E Arnold 618-638-5682,

    Arnold Realty Group

    Bought with:

    Dawn E Arnold

    Arnold Realty Group

    Source: RMLS Alliance,MLS#: EB456884MLS LogoOriginating MLS: Egyptian Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Cooling
    • Central Air
    Appliances
    • Included: Water Heater
    • Laundry: Private
    Features
    • Basement: None
    Interior area
    • Total structure area: 5,484
    • Total interior livable area: 5,484 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Parking Pad
    • Has uncovered spaces: Yes
    Lot
    • Size: 0.28 Acres
    • Dimensions: 78 x 125 x 96 x 122
    • Features: Level
    Details
    • Parcel number: 0883100033.01

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Aluminum Siding
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Location
    • Region: Paducah
    • Subdivision: None
    Services availability