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$ 400,000
Pending
508 & 506 Platt Drive Nicholasville, KY 40356
4 Beds
4 Baths
3,192 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,192 sqft
Price per Sqft $125
Subdivision Orchard
MLS Listing ID 26014582
Bedrooms 4
Full Baths 2
Half Baths 2
Year Built 2002
Lot Size 7,000 Sqft
Acres 0.16
Property Sub-Type Duplex
Property Description
Ready to buy your first investment property? Here's a great opportunity to live in one side of these 2 adjoining townhomes and rent out the other! Or, add these updated income-producing properties to your investment portfolio. The units are deeded separately, but they share a roof & a fence, making them a better package deal than to be sold separately. Beginning July 1, both tenants will be paying $1,200/month. The tenant in 508 Platt is planning to move out in September, so there is an opportunity to raise that rent to current fair market rates or, move into that side, with instant income from 506. The tenant in 506 has lived there for 8-10 yrs & would like to stay. The owner used to live in one of the units & has taken great care of the properties since converting them to rentals. Almost everything in each unit has been updated in the last 10 years, including new Trex deck boards in 2025; The roof (shared), water heaters & 506 HVAC were replaced in 2018; The 508 HVAC was replaced in 2017; New luxury vinyl flooring in 2015 (506) and 2018 (508). 48 hours notice required to show. Selling as is. Inspections welcome.
Location
State KY
County Jessamine
Interior
Heating Electric, Heat Pump
Cooling Electric
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features On Site, Open, Paved
Utilities Available Electricity Connected, Underground Utilities
View Y/N N
Roof Type Dimensional Style,Shingle
Handicap Access No
Private Pool No
Schools
Elementary Schools Red Oak
Middle Schools East Jessamine Middle School
High Schools East Jess Hs
Listed by Firefly Realty & Investments