52 Greenside Drive

Monticello, KY 42633

About this property

Excellent investment opportunity with immediate cash flow! This well-maintained 5-unit apartment building is conveniently located just outside the city limits in Wayne County, offering the perfect combination of country living and investment potential. Each unit features 2 bedrooms, 1 bathroom, and washer and dryer hookups. Four of the five units have been tastefully remodeled within the last two years, providing updated finishes that appeal to tenants. Four apartments offer approximately 800 square feet of living space, while the fifth unit features approximately 1,200 square feet. Situated on a generous 1.8+/- acre unrestricted lot, the property offers ample room for future expansion or additional income-producing opportunities. The apartments are currently 100% occupied and generate $2,950 per month in rental income, making this a turnkey investment with established cash flow from day one. Whether you're looking to grow your investment portfolio or own a property with future development potential, this is an opportunity you won't want to miss. Proof of funds or pre approval letter will be required for interior showings. Call today for additional information.

About this property

Excellent investment opportunity with immediate cash flow! This well-maintained 5-unit apartment building is conveniently located just outside the city limits in Wayne County, offering the perfect combination of country living and investment potential. Each unit features 2 bedrooms, 1 bathroom, and washer and dryer hookups. Four of the five units have been tastefully remodeled within the last two years, providing updated finishes that appeal to tenants. Four apartments offer approximately 800 square feet of living space, while the fifth unit features approximately 1,200 square feet. Situated on a generous 1.8+/- acre unrestricted lot, the property offers ample room for future expansion or additional income-producing opportunities. The apartments are currently 100% occupied and generate $2,950 per month in rental income, making this a turnkey investment with established cash flow from day one. Whether you're looking to grow your investment portfolio or own a property with future development potential, this is an opportunity you won't want to miss. Proof of funds or pre approval letter will be required for interior showings. Call today for additional information.

Features and Additional Information

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$279,000 Contingent
2 Bed(s)
1
Bath
4,520 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 | Rural

$ 279,000
This listing is play_arrow 5.4% lower than the average in the area
$ 295,000 in the area
4,520 SqFt
This listing is play_arrow 62.7% larger than the average in the area
2,778 SqFt in the area
$ 62 $/SqFt
This listing is play_arrow 41.9% less than the average in the area
$ 106 $/SqFt in the area
27 days on site
This listing is play_arrow 34.1% below the average in the area
41 days on site in the area

Schools in the Area

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    Elementary School
    Wayne Co
  • turned_in
    Middle School
    Wayne Co
  • turned_in
    High School
    Wayne Co
Listed By HG Hickey III
Brokerage: No Wake Real Estate

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