709 Melanie Lane

Mount Sterling, KY 40353

The sellers prefer to sell all 6 duplexes as one package but will consider these options - *Single duplex on 1204 Larkwood - appraised value $162k *Single duplex on 1205 Larkwood - appraised value $162k *Package of 4 Duplexes: 596 Magnolia, 600 Magnolia, 709 Melanie, 738 Cobbler - appraised value $710k *Package of all 6 Duplexes = appraised value $1,034,000 * All 6 duplexes priced at appraisal value. Appraisal reports & photos available upon request. Minimum 48 hour notice for showings. Pre-approval letter or proof of funds required for ability to purchase. *All units occupied with tenants of 5-10 years are month to month *All units are due $100 per month increase end of July 2024 with a 2nd increase of $100 February 2025 *Current rent amounts: *596 Magnolia - $450 & $600, *600 Magnolia - $550 & $688, *1204 Larkwood - $500 & $500, *1205 Larkwood - $500 & $500, *709 Melanie - $475 & $500, *738 Cobbler - $650 & $550. *Ages of heat and air approximate - 596 Magnolia 2001, rest on Magnolia are original / Larkwood between 2010 to 2013 / 709a Melanie 2008 / Cobbler new 2003 *All roofs have been replaced within past 7 years except Melanie approx. 20 years and Cobbler 2003 *Sold As-Is.

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Broker Office Phone Number: 859-422-2000

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