600 Magnolia Dr, Mount Sterling, Kentucky, United States

Report Listing

Home For Sale

$162,000

600 Magnolia Dr
Mount Sterling, Kentucky, United States

6bd 2ba

Listed By: Realtyww Info

Listed On: 09/08/2024

Listing ID: GL11271331 View More Details

Description

All 6 duplexes priced at appraisal value. Appraisals available upon request. Appraisal photos available upon request. Minimum 48 hour notice for showing appointments. Pre-approval letter or proof of funds required for ability to purchase all 6 properties before showing requests delivered to seller. Per Seller: The lease contracts are 1 year lease and month to month after that. All renters have been there for a minimum of 5 years now with some being as much as 10. All units are due $100 per month increase end of July 2024 with a 2nd increase of $100 February 2025. Current rent amounts: 596 Magnolia - $450 and $600, 600 Magnolia - $550 and $688, 1204 Larkwood - $500 and $500, 1205 Larkwood - $500 and $500, 709 Melanie - $475 and $500, 738 Cobbler - $650 and $550. Total rent all 12 units = $6, 463. All 6 duplexes must be purchased as a package for appraised value of $1, 034, 000.

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Listed by: Darrell Reynolds