Active

181 Miller Drive

Richmond KY, 40475

$625,000


$139.07 per sqft

Active

12 Beds

6 Baths

4,494 sqft

Multi-family

Listed by Gerald Salyer with Premier Property Consultants

This well-maintained, fully leased, 6-plex multifamily property in Richmond, KY, presents an outstanding opportunity for investors looking to expand their portfolio. Recent upgrades include replacing shingles in 2023, ensuring long-term protection and peace of mind. The property has also seen significant interior improvements, including brand-new LVP flooring, fresh paint throughout, and the installation of new appliances in each unit, providing a modern, move-in-ready experience for tenants. The exterior of the building has been enhanced with a seal-coated, freshly painted parking lot and new landscaping, adding to the property's curb appeal and functionality. Additionally, a professional basement waterproofing system has been installed, protecting the structure and offering added value for years to come. This property is an ideal addition for investors seeking steady rental income with minimal deferred maintenance. With these recent upgrades, you can confidently take ownership and watch your investment thrive. Don't miss out on this prime multifamily opportunity!

25000739

MLS ID

January 16, 2025

Listed

January 16, 2025

Updated

Map

181 Miller Drive
Richmond KY, 40475

Interior Features

Bedrooms

12


Total Bathrooms

6


Full Bathrooms

6


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.42 Acres


Roof

Shingle

School Information

School District

Madison County - 8


High School

Madison Central


Elementary School

Glenn Marshall

Other Property Details

Area Name

008 - Madison County


Garage

No


Parking

On Site


View

No


County

Madison


Pool

No

Listing Contact:  

The IDX display contains information sourced from the Bluegrass REALTORS® as of 1/16/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 1/16/2025 at 2:38 PM UTC

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