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596 Magnolia Drive, Mt Sterling, KY 40353






KY/Montgomery/Mt Sterling/40353/596 Magnolia Drive, Mt Sterling, KY 40353596 Magnolia Drive, Mt Sterling, KY 40353
596 Magnolia Drive, Mt Sterling, KY 40353
Sale by Darrell Reynolds, RE/MAX Creative Realty.
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*Serious Buyers Only *Duplex is available for single duplex contract offers and listed for the current appraised value of $156k as of April 2024 *Appraisal report & appraisal photos available upon request *Pre-approval letter or proof of cash funds required for ability to purchase in advance of scheduling any showing appointment *Minimum 48 hour notice required for all showings *Tenants are on month to month leases and have been tenants for more than 5 years *Current rent for the 2 units are $550 for one side & $700 for the other side *Both units are due $100 per month increases of $100 in February 2025 and both tenants are aware of the future increases *Appraisal estimated monthly market rent $1,300 total of both sides *Roof is approx. 7 years old *Short drive to Botts Park & Easy Walker Park *Sold As-Is, no seller repairs or improvements *Terrific opportunity to begin your own real estate investment business! Possible purchase package acceptable with 600 Magnolia, 1204 Larkwood, 1205 Larkwood, 709 Melanie, 738 Cobbler. *Call, text or email for more information today!