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    1 home
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    Closed Sep 6, 2024
    306 Spangler Drive, Richmond, KY 40475
    $690,000
    15beds
    8 full, 5 halfbath
    –sqft
    –acres
    Sale

    306 Spangler Drive, Richmond, KY 40475

    Listing by: The Real Estate Co.
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    306 Spangler Drive, Richmond, KY 40475

    KY/Madison/Richmond/40475/306 Spangler Drive, Richmond, KY 40475

    Closed Sep 6, 2024
    $690,000
    15beds
    8full,5half bath
    –sqft
    –acres

    306 Spangler Drive, Richmond, KY 40475

    Sale by Kim Caywood, The Real Estate Co..

    Data checked 44 mins ago. Listing last updated 244 days ago.
    1. Overview
    2. Details
    3. More 

    Prime investment opportunity with this fully occupied 8-plex located in a highly desirable area of Richmond. Just minutes from Eastern Kentucky University, Baptist Health, downtown Richmond, and quick access to I-75, this property offers unbeatable convenience for tenants. The complex includes five spacious 2-bedroom, 1.5-bath units, two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit, providing a versatile mix to attract a wide range of renters. With a strong rental history and a great location, this property is a solid addition to any investor's portfolio. Current rent are $6620. Don't miss out on this turn-key investment in a thriving market!

    Details
      Property type
    Multi-Housing
      Year built
    9999
      Heating
    -
      Cooling
      Garage
    No
      Parking spots
    -
    24016872
    MLS ID
    Closed
    Status
    Sep 6, 2024
    Closed
      Laundry features
    –
      Flooring
    –
      Fireplace
    No
      Architectural Style
    –
      View
    –
    Interior features
    –
    Exterior features
    –
    Lot features
    –
    Appliances included
    –
    Construction materials
    –
    Monthly taxes
    -
    Yearly taxes
    -
    Community Features
    -
    School district
    Schools
    -
    Senior community
    No
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Listing By:
    Kim Caywood
    Kim Caywood
    Kim Caywood
    Joshua T Barrett
    Kim Caywood
    Kim Caywood
    Designated REALTOR® Participant, The Real Estate Co.
     
     
    Kim Caywood
    Joshua T Barrett
    REALTOR® Salesperson, The Real Estate Co.
     
     
    Building Info
    Address
    306 Spangler Drive, Richmond, KY 40475
    Number of Floors
    2
    Total Number of Units
    5
    Schools
    Elementary Schools
    Kirksville Elementary School
    2399 Lancaster Rd, Richmond, KY 40475
    School Rating
    B
    Grades
    PK-5
    Students
    515
    Teachers
    36.8
    Student to Teacher Ratio
    14:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    Middle Schools
    Madison Middle School
    101 Summit St, Richmond, KY 40475
    School Rating
    C-
    Grades
    6-8
    Students
    661
    Teachers
    32.3
    Student to Teacher Ratio
    20:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    High Schools
    Madison Central High School
    705 N 2nd St, Richmond, KY 40475
    School Rating
    B-
    Grades
    9-12
    Students
    2,149
    Teachers
    110.1
    Student to Teacher Ratio
    20:1
    Advanced Placement
    Yes
    Magnet School
    No
    Charter School
    No
    Schools data where available is provided by Cherre Inc. It is drawn from publicly available data that is deemed to be accurate but not guaranteed. Buyer is responsible to verify all data presented.
    Demographics for 40475
    Population
    67,573
    Median age
    32.8
    Avg. household size
    2.3
    Avg. household income
    $89,426
    Households with children
    47.3%
    Households without children
    52.7%
    Employment
    Unemployment Rate
    6.6%
    Blue Collar
    32.6%
    White Collar
    60.9%
    Education
    Less than 9th grade
    2.4%
    Some high school
    4.5%
    High school graduate
    27.1%
    Some college
    18.2%
    Associate's degree
    9.9%
    Bachelor's degree
    22.2%
    Graduate degree
    15.8%
    Schools and Demographic data where available is provided by Cherre Inc. It is drawn from publicly available data that is deemed to be accurate but not guaranteed. Buyer is responsible to verify all data presented.
    Location
    Exit 87 Left on Bypass towards EKU. Right on Spangler
    For Sale Nearby
    No nearby homes are For Sale Nearby.
    Recently Sold
    No nearby homes have been Recently Sold.
    306 Spangler Drive, Richmond, KY 40475, is a 15 bedroom, 8 bathroom Sale built in 9999. This property is currently available for sale and was listed on Imagine Your Home on 8-25-2024. The MLS# for this Sale is MLS# 24016872.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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