$598,750 150-152 River Street Clay City, KY

MLS: 1616779   Type: Multi-Family   County: Powell   City: Clay City   Area: Powell County   Neighborhood: Downtown   Zip: 40312   Style: Apartments     Stories: 2

Mortgage $2,811 /mo



Half Baths

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Looking for a great investment opportunity? Look no further. This is a 16 unit apartment complex in Clay City. Each unit is a 2 bedroom 1 bath with open kitchen and living room. Four units are ADAS accessible. Property has a proven rental record with a historical occupancy rate of 98%. Current leasing is for all utilities paid including satellite TV with a box deposit and $650/month 1 year lease. Conveniently located next to shopping, the post office, medical offices and the ever important Mountain Parkway. Don't miss your opportunity to own this key property. Broker has ownership interests in the company that owns this property.

Elementary School

Middle School

High School

Clay City
Distance: 0.42 Miles
Not Applicable
Distance: N/A Miles
Powell Co
Distance: 3.58 Miles

Price History

8/10/2017 Listed $598,750

# of Buildings Two
Accessibility Yes
Adv License & Permit 0
Board Loaded No
Cable Tv Services 0
Gross Operating Inc. 0
Janitorial Services 0
MLS Area Powell County
Non Conforming No
Other Contract Labor 0
Other Expense (a) 0
Other Expense (b) 0
Property Management 0
Property SubType Multi-Housing
Property Type Multi-Housing
Region Areas
Repairs & Maint. 0
Sub Lease Expiration Date 1800-01-01T00:00:00
Tax Rate 0.9952
Terms Sale
Total Units 16
Type Apartments
Year Built 2001
Zoning Unknown

Interior Features

1/4 Baths 0
3/4 Baths 0
A/c Tons 0
Common Area Sf 2227
Cooling Heat Pump, Zone
Elevators 0
Fuel 0
Full Baths 0
Half Baths 0
Heating Heat Pump
Laundry Sf 0
Living Area 13824.00
Office Sf 0
Storage Sf 0
Stories Two
Telephone Exp. 0

Exterior Features

Age Of Roof 0
Bldg Expan Sf 0
Depth Of Pool 0
Fuel Source Electric
Lawn Services 0
Lot Depth 250
Lot Dimensions 1
Lot Expan Sf 0
Lot Front Footage 170
Lot Size Acres 1.00
Lot Size Square Feet 43560.00
Parking Features 21 - 35 Spaces
Roof Shingle
Rubbish Services 0
Size Of Pool 0
Sprinklers None
Water Services 0

Property Schools

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Gallery (25 photos)

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Property vs Zip Code Avg (40312)

Price 598K Avg 282K

Sqr Feet 13,824 Avg 5,519

Cost / Sqr Ft $43 Avg $51

Acres 1 Avg 0.79

Visits 14 Avg 9

Days on Site 446 Avg 183

Walkscore® 25 Avg 21

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Listing Provided Courtesy Of: Rednour & Associates

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Location & Address

2357 Hueguenard Dr
Lexington, KY