Active

202-228 Larkin Bay

Mt Sterling KY, 40353

$2,230,000


$87.33 per sqft

Active

56 Beds

56 Baths

25,536 sqft

Multi-family

Built in 1996

Listed by Judy Smith Speakes with Lifstyl Real Estate

Great investment opportunity! Own the entire Cul-de-sac of 202-228 Larkin Bay. Property features 14 duplexes, totaling 28 units with 56 bedrooms and 56 full baths. Each 912 sq. ft. unit includes a separate living area, combined kitchen and eating space with conveniently located side exit door, 2 bedrooms, 2 full baths and a separate utility room. Tenants will appreciate the concrete parking pad for 2 cars per unit and additional street parking. . Excellent location close to the Bypass, schools, shopping and restaurants. With 100% occupancy and most units renting for $800 per month, this property ensures a stable and profitable long-term investment. Don't miss out on this rare opportunity. Selling 'as is'. No seller financing.

24012827

MLS ID

June 21, 2024

Listed

August 23, 2024

Updated

Map

202-228 Larkin Bay
Mt Sterling KY, 40353

Interior Features

Total Stories

1


Bedrooms

56


Total Bathrooms

56


Full Bathrooms

56


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Electric, Heat Pump

Exterior/Building Features

Lot Size

0.17 Acres


Roof

Shingle

School Information

High School

Montgomery Co


Elementary School

Mapleton

Other Property Details

Area Name

018 - Montgomery County


Garage

No


Parking

56 or More Spaces, On Site, Other, Paved


View

No


County

Montgomery


Pool

No


Zoning

mutli-family

Listing History

Date

Event

Price

7/25/2024

Price change

$2,230,000

14%

7/25/2024

Active

7/17/2024

Pending

7/8/2024

Price change

$1,950,000

-16%

6/21/2024

Price change

$2,295,000

-3%

Listing Contact:  

The IDX display contains information sourced from the Bluegrass REALTORS® as of 8/23/2024. 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 8/23/2024 at 3:13 PM UTC

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