284 Lincoln Ave, Monticello, KY 42633
- $139,000
- 3
- BD
- 2
- BA
- 924
- SqFt
- List Price
- $139,000
- MLS#
- 26020256
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 924
- Lot Size
- 54,450
Property Description
Great investment opportunity with excellent cash flow! This income-producing property features three mobile homes, all currently occupied by tenants. Home 1 (302 Lincoln Ave.) offers 2 bedrooms and 1 bathroom, Home 2 (284 Lincoln Ave.) features 3 bedrooms and 2 bathrooms, and Home 3 (212 Bertram St.) includes 3 bedrooms and 2 bathrooms. Each home is equipped with central heating and air conditioning and has been remodeled within the past 18 months, providing updated, low-maintenance rental units. All three homes are connected to city sewer, and the property offers additional space with the potential to add up to two more mobile homes, creating even greater income potential. The three homes currently generate a combined gross monthly rental income of $1,750. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this is an opportunity you won't want to miss. Call today for additional information or to schedule your private showing!
Additional Information
- Year Built
- 1998
- Appliances
- Refrigerator, Range
- Sewer
- Public Sewer
- Foundation
- Pillar/Post/Pier
- Flooring
- Laminate, Vinyl
- Heating
- Heat Pump
- Elementary School
- Bell
- Middle School
- Wayne Co
- High School
- Wayne Co
- Water
- Public
- Roof
- Metal
Mortgage Calculator
Listing courtesy of No Wake Real Estate.