Cash flow today. Growth tomorrow. Rare opportunities like this don't come along often! This income-producing property includes three tenant-occupied rental homes plus an established RV/camper rental site, creating four income streams from day one. Even better, the RV site may offer the potential for an additional residence (buyer to verify zoning, utilities and approvals), providing an opportunity to significantly increase future rental income. Located on approximately one acre in rapidly growing Berea, this property is ideal for investors seeking immediate returns with built-in upside. Whether you're expanding your portfolio or completing a 1031 exchange, this is the kind of investment that continues to appreciate in value. Owner/Agent.
| MLS # | 26016042 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 49 |
| Listing Provided By | Century 21 Pinnacle | Bill Adams |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,922 |
| Units | 4 |
| Building(s) | 3 |
| Acreage | 4.00 |
| Cooling | Electric, Heat Pump, Window Unit(s) |
|---|---|
| Heating | Electric, Heat Pump, Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Composition |
|---|
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Gravel |
| Utilities | Electricity Connected, Natural Gas Connected, Water Connected |
|---|
| State | KY |
|---|---|
| County | Madison |
| City | Berea |
| Zip Code | 40403 |
| Area | 008 Madison County |
| Subarea | Madison County |
| Community Name | Rural |
| School District | Madison County |
| Elementary School | Silver Creek |
| High School | Madison So |
| Listing VS Median (in Rural) | |
Price: $544,900 low | high Med: $290,250 sqft: 2,922 low | high Med: 1,401 $ / sqft: $186 low | high Med: $218 On site: 49 low | high Med: 229 | |
| State | KY |
|---|---|
| County | Madison |
| City | Berea |
| Zip Code | 40403 |
| Area | 008 Madison County |
| Subarea | Madison County |
| Community Name | Rural |
| School District | Madison County |
| Elementary School | Silver Creek |
| High School | Madison So |
| Listing VS Median (in Rural) | |
Price: $544,900 low | high Med: $290,250 sqft: 2,922 low | high Med: 1,401 $ / sqft: $186 low | high Med: $218 On site: 49 low | high Med: 229 | |