738 Cobbler Lane Mount Sterling, KY 40353
*Serious Buyers Only *Duplex is available for single duplex contract offers and listed for the current appraised value of $240k 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 approx. 2 years & 5 years *Current rent for the 2 units are $750 for one side & $650 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, 700 total both sides *Ages of heat and air units are original & 2014 *Roof is original when built in 2003 per PVA records *Location is across the street from McNabb Middle School and Montgomery High School *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 596 Magnolia, 600 Magnolia, 1204 Larkwood, 1205 Larkwood, 709 Melanie
- Property TypeMulti-Family
- NeighborhoodThe Village
- CountyMontgomery
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site27 Days
- MLS StatusActive
- MLS ID Number24010855
- Home Size Source N/A
- Year Built2006
- Lot Size0.189 Acres
- Full Baths4
- Partial BathsN/A
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