KY
Madison
Richmond
40475
403 Turpin Drive
403 Turpin Drive, Richmond, KY 40475
Share Listing
Listing Type
Multi Family
Listing Status
Active
30
$280,000
Home Details for 403 Turpin Drive
Price
$280,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
4
Full Bathrooms
4
Square feet
3000
Year built
1984
Lot size acres
0.198
County
Madison
MLS Listing#
25505005
Property Description
Income producing 4-plex in good condition. It's hard to find a 4-plex now under $300,000 but this is it. Updates include soffitt/fascia board (2023), unit 1 wall HVAC unit (2023), unit 1 carpet and vinyl (2023), unit 2 water heater (2023), unit 2 wall HVAC unit (2023), unit 4 wall HVAC unit (2021), unit 4 vinyl (2023), unit 4 carpet (2025). Total rents are $2805/mo with 4 tenants occupying it. Mostly long term tenants. Landlord pays electricity (2 meters for 4plex) and water (1 meter for 4 plex). Average monthly bill for those is around $550/mo. Unit 1 pays $680 (month to month---been there 6 years). Unit 2 pays $695 (month to month--been there over a year). Unit 3 pays $705 (month to month--been there 9 years). Unit 4 pays $725 (section 8, month to month--been there over 5 years).
Property Features
Utilities
- Electricity Available
- Sewer Available
- Water Available
Cooling Information
- Wall Unit(s)
Heating Information
- Electric
Parking
- On Site
School Information
School Information for 403 Turpin Drive, Richmond, KY 40475
Elementary School
Daniel Boone
Middle School
Clark-Moores
High School
Madison Central
Listing Courtesy: Realty Solutions - 859-396-0204
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EXIT REALTY CRUTCHER
502A Saffell St. , Lawrenceburg, KY 40342John Rennels
License #: 75712
Sales Representative
Office
502 839 9822
Agent
502 598 8378
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