306 E Main Street
Property Description
This turnkey 5-unit property, located in the heart of Glasgow, Kentucky, is an ideal opportunity for investors seeking reliable cash flow. The property features three studio apartments and two 1 bed/1 bath units, each equipped with its own electric mini-split system for efficient heating and cooling. The roof was replaced around 2020, and the landlord currently pays all utilities. Recent updates include two upgraded mini-split systems, new flooring in four units, and updated kitchen appliances in all five. Situated in a prime location, tenants enjoy close proximity to Glasgow's local amenities, including shopping, dining, and essential services, making this a highly desirable rental option. With its strong income potential and minimal upfront work needed, this property is a great addition to any investment portfolio.
Broker Details
Raymer Real Estate Services, LLC. (270) 282-4005
MLS ID: 26425 State License Number: 242785
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $245,000 |
| No. of Units: | 5 |
| Year Built: | 1965 |
| Opportunity Zone: | No |
| Price per unit: | $49,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 5 |
ID: 3yd-RASKKY-RA20252235
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1004 Lewis Avenue
Bowling Green, Kentucky
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout