738 Cobbler Lane

Mount Sterling, KY 40353

*Serious Buyers Only *Duplex is available for single duplex contract offers and listed for the current appraised value of $240k as of April 2024 *Appraisal report & appraisal photos available upon request *Pre-approval letter or proof of cash funds required for ability to purchase in advance of scheduling any showing appointment *Minimum 48 hour notice required for all showings *Tenants are on month to month leases and have been tenants for approx. 2 years & 5 years *Current rent for the 2 units are $750 for one side & $650 for the other side *Both units are due $100 per month increases of $100 in February 2025 and both tenants are aware of the future increases *Appraisal estimated monthly market rent $1,700 total both sides *Ages of heat and air units are original & 2014 *Roof is original when built in 2003 per PVA records *Location is across the street from McNabb Middle School and Montgomery High School *Short drive to Botts Park & Easy Walker Park *Sold As-Is, no seller repairs or improvements *Terrific opportunity to begin your own real estate investment business! Possible purchase package acceptable with 596 Magnolia, 600 Magnolia, 1204 Larkwood, 1205 Larkwood, 709 Melanie

This is an Active listing.

Broker Office Phone Number: 859-422-2000

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