4608 S 3rd St
Property Description
Opportunity awaits at 4608 S 3rd St, a spacious duplex offering two 2-bedroom units, approximately 2,923 finished square feet including the partially finished basement. The first-floor unit rents for $1,400 per month and offers 2 bedrooms and 1.5 baths. Hardwood flooring is found in the living room, dining room and bedroom, with tile flooring in the kitchen, full bath and second bedroom, plus a carpeted family room. Additional features include a decorative fireplace, built-ins and a window seat with storage. The unit also has access to the covered front porch and rear covered deck. The basement provides a partially finished recreation room, half bath and additional storage and utility space. The first-floor unit is served by a gas furnace and gas water heater. 2nd floor: 2 bed 1 bath unit is vacant. Laundry in unit. Historically this Tenant pays 33% of the water bill. Lease is uploaded to the listing docs. 2nd unit offers 2 bedrooms and 1 full bath. Features include hardwood flooring in the entry, tile in the kitchen and bathroom, carpeted bedrooms and living room, in-unit laundry and mini-split heating and cooling. Parking is a standout feature of this property. A long driveway from S 3rd Street extends to the rear parking area and 4-car covered carport, with additional alley access. The landscaping is meticulously maintained for extra appeal. A separate landlord/storage room is accessible beneath the rear deck. Current rent totals $1400 per month, and the upper unit can be used how you see fit. With two established rental units, lower unit income already in place, flexible living spaces and a parking setup that is difficult to duplicate in the area, 4608 S 3rd St offers an opportunity for seasoned investors and buyers looking to begin building a rental portfolio.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $275,000 |
| No. of Units: | 2 |
| Year Built: | 1925 |
| Lot Size: | 2,923.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $137,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-GLARKY-1731427
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
339-341 E Fourth Street
Frankfort, Kentucky
1757 Cottage Hill Circle
New Market, TennesseeBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout