KY
Bell
Middlesboro
40965
623 N 20th Street
623 N 20th Street, Middlesboro, KY 40965
Share Listing
Listing Type
Multi Family
Listing Status
Active
20
$229,500

Home Details for 623 N 20th Street

Price
$229,500
Type
Residential Income
Bedrooms
6
Total Bathrooms
6
Full Bathrooms
6
Square feet
2700
Year built
1946
Lot size acres
0.355
County
Bell
Days on site
45
MLS Listing#
26013646
Property Description

Excellent investment opportunity with a strong ~9% cap rate at asking price! This unique 4-unit property offers incredible versatility-perfect as a pure cash-flowing asset or an ideal opportunity to live in one unit while renting out the other three. The property consists of four fully occupied units: a main multi-family building featuring one 2-bedroom unit and two 1-bedroom units, plus a detached, standalone 2-bedroom, 2-bathroom manufactured home. All units have been historically well-maintained, feature newer appliances, and have received numerous updates and improvements over the years. Currently rented at stable, conservative rates, this property offers an immediate return on investment with substantial upside potential to increase rents to market value. A formidable long term opportunity.

Property Features
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
    • Wall Unit(s)
  • Heating Information
    • Forced Air
    • Heat Pump
    • Space Heater
  • Utilities
    • Cable Connected
    • Electricity Connected
  • Parking
    • On Site
School Information
School Information for 623 N 20th Street, Middlesboro, KY 40965
Elementary School
N/A
Middle School
N/A
High School
Middlesboro Ind
Listing Courtesy: Continental Real Estate Group - 877-996-5728
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Last Updated: 2026-07-20 11:13:17
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EXIT REALTY CRUTCHER
502A Saffell St. , Lawrenceburg, KY 40342
John Rennels
License #: 75712
Sales Representative
Office
502 839 9822
Agent
502 598 8378
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