284 Lincoln Avenue

Monticello, KY 42633

About this property

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!

About this property

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!

Features and Additional Information

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$139,000 Active
3 Bed(s)
2
Baths
924 sqft

Presented By Coldwell Banker McMahan

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Get in touch today! Phone: 1-502-241-8811
Brokerage
No Wake Real Estate
1-606-753-9253
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Area Information

070 Wayne County | Wayne County |

$ 139,000
This listing is play_arrow 42.1% lower than the average in the area
$ 240,000 in the area
924 SqFt
This listing is play_arrow 57.6% smaller than the average in the area
2,180 SqFt in the area
$ 150 $/SqFt
This listing is play_arrow 35.3% more than the average in the area
$ 111 $/SqFt in the area
42 days on site
This listing is play_arrow 15.1% above the average in the area
37 days on site in the area

Schools in the Area

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    Elementary School
    Bell
  • turned_in
    Middle School
    Wayne Co
  • turned_in
    High School
    Wayne Co

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Listed By HG Hickey III
Brokerage: No Wake Real Estate

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