Multi-Family

duplex for sale

9 views

Listed: 02/13/23

1600 Berea Road, Richmond, KY 40475, USA

27 Bed:

18 Bath:

14,400 Sq Ft Living Area:

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Price

$ 1,89M

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About This Duplex

Check out this amazing investment opportunity centrally located to I75 and the heart of Richmond. We have 9 brand new construction town-homes in the process of being built that are sure to provide a steady passive income without the hassle of deferred maintenance. These 1600 square foot, two story homes feature 3 bedrooms and 2 bathrooms and would be the perfect opportunity to implement cost segregation. The first level offers the primary bedroom with walk-in closet and ensuite along with an open concept living room, kitchen and dining room, with a separate laundry room and pantry. The beautiful kitchen features granite countertops and stainless steel appliances. Upstairs you find a 2 spacious bedrooms as well with a separate bathroom! Schedule your showing today! These houses are connected in threes by a breezeway. Additional units may be available. Estimated construction completion date is January 2023

Property Includes

Roof Composition Shingle
Fuel Heating Electric

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Duplexes for sale in Richmond

Richmond Housing & Living

Household Income

Median household income: $34,754

Number of households: 12,954

The average household income in Richmond, KY grew from $32,436 to $34,754 in the past year. This data is an estimate based upon 12,954 households in Richmond, KY.
The chart below presents how household income is distributed in Richmond, KY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Richmond, KY compared to median property taxes around the country. The prevalent amount of property taxes in Richmond, KY equals $800-$1,500 , which is less than the national average.