NOT LISTED FOR SALE
2 Beds
1 Bath
29,580 Sq Ft
1.59 Acre Lot

Sale Details

Date Sold: November 8, 2021

Last sale price $1,850,000 $63 Per Sq Ft

22 Days on Market

Highlights

  • 1.59 Acre Lot
  • Coin Laundry
  • Heating System Uses Natural Gas
  • Cooling Available

About This Home

As of November 2021

Wonderful Investment property in the heart of Mt. Sterling located on the corner of W. Main Street and and the bypass. 35 total units, 22 renovated, 34 rented and 1 signing lease next week. Approx. 850 sq ft. 2 bedroom 1 bath units. Laundry room located next to the office. High demand rental market with very little offered available in the area. Tenants pay electric, Rental income 21,000+. Onsite property manager that will stay if property is sold.

Last Agent to Sell the Property

Kenneth Keys

Positive Property Management License #217238 Listed on: 08/27/2021

Last Buyer's Agent

Randy Rodriguez

TrueNorth Realty and Management License #304186

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 1.59 Acre Lot

Home Design

  • Flat Roof Shape

Interior Spaces

  • 29,580 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 55 Parking Spaces
  • Paved Parking

Schools

  • Montgomery Co High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 01 city

Community Details

Overview

  • 3 Buildings
  • 35 Units
  • Downtown Subdivision

Additional Features

  • Coin Laundry
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

1.59 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Apartment
  • Structure Type: Multi Family
  • Year Built: 1975
  • New Construction: No
  • Roof:Flat: Yes
  • Lot: Lot Size Acres: 1.59
  • Lot: Lot Size Square Feet: 69260.0
  • Tax Legal: High School: Montgomery Co
  • AssociationCommunity: Number Of Buildings: 3.0
  • Other Sold Info: New Construction YN: No
  • Cooling: Electric: Yes
  • Building: Accessibility Features YN: No
  • Building: Stories Total: 2
  • Structure Type: Multi Family: Yes
  • AssociationCommunity: Number Of Units Total: 35.0
  • Unit Details: Number Of Units Vacant: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 29580.0
  • Lot Size Area: 1.59
  • Total Stories: 2
  • Association Amenities: Coin Laundry: Yes

Exterior Features

  • Roof: Flat
  • List Price: 2400000.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Paved
  • Total Parking Spaces: 55.0
  • Parking Information: Parking Total: 55.0
  • Parking Features: On Site: Yes
  • Parking Features: Paved: Yes

Utilities

  • Heating: Natural Gas
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Utilities: Cooling YN: Yes
  • Utilities: Heating YN: Yes
  • Utilities: Electricity Connected: Yes
  • Utilities: Natural Gas Connected: Yes
  • Heating: Natural Gas: Yes
  • Utilities: Sewer Connected: Yes
  • Utilities: Water Connected: Yes

Condo/Co-op/Association

  • Association Amenities: Coin Laundry

Schools

  • High School: Montgomery Co

Lot Info

  • Lot Size Acres: 1.59
  • Lot Size Sq Ft: 69260.0
  • Parcel Number: 01 city
  • Zoning Description: residential

Multi Family

  • Number of Units Total: 35
  • Number of Units Vacant: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 1975
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/08/2021 11/08/21 Sold $1,850,000 0.0% $63 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
08/27/2021 08/27/21 For Sale -- -- --
08/26/2021 08/26/21 Off Market $1,850,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $25,836 $2,615,000 $0 $0
2024 $25,967 $2,615,000 $0 $0
2023 $18,130 $1,850,000 $0 $0
2022 $18,149 $1,850,000 $0 $0
2021 $9,386 $950,000 $0 $0
2020 $9,405 $950,000 $0 $0
2019 $8,946 $900,000 $0 $0
2018 -- $900,000 $100,000 $800,000
2017 -- $900,000 $100,000 $800,000
2016 -- $900,000 $100,000 $800,000
2015 -- $900,000 $100,000 $800,000
2014 -- $900,000 $100,000 $800,000
2012 -- $900,000 $100,000 $800,000
Source: Public Records

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20118355

ImagineMLS (Bluegrass REALTORS®)

APN: 23M-30-14-028.00

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