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(SOLD) $142,000

596 Magnolia Drive Mt Sterling, KY  40353

  • 6 Beds
  • 2 Baths

Property Description for 596 Magnolia Drive Mt Sterling, KY 40353

*Serious Buyers Only *Duplex is available for single duplex contract offers and listed for the current appraised value of $156k as of April 2024 *Appraisal report & appraisal photos available upon request *Pre-approval letter or proof of cash funds required for ability to purchase in advance of scheduling any showing appointment *Minimum 48 hour notice required for all showings *Tenants are on month to month leases and have been tenants for more than 5 years *Current rent for the 2 units are $550 for one side & $700 for the other side *Both units are due $100 per month increases of $100 in February 2025 and both tenants are aware of the future increases *Appraisal estimated monthly market rent $1,300 total of both sides *Roof is approx. 7 years old *Short drive to Botts Park & Easy Walker Park *Sold As-Is, no seller repairs or improvements *Terrific opportunity to begin your own real estate investment business! Possible purchase package acceptable with 600 Magnolia, 1204 Larkwood, 1205 Larkwood, 709 Melanie, 738 Cobbler. *Call, text or email for more information today!

Address:596 Magnolia Drive Mt Sterling KY 40353
Status:Sold
Sold On: 11/5/2024
Price:$156,000
Bedrooms:6 Beds
Bathrooms:2 Full Baths
Year Built:1976
Lot Size:0.17
County: Montgomery
School System : Montgomery County - 18
MLS #:24010849

Lot Dimensions:7500
Directions:Take I-64 exit. Maysville Road towards downtown. Culpepper, turn LEFT, Larkspur, turn LEFT, Magnolia, turn RIGHT. Duplex building on left.
Abv. Grnd. Sq. Ft. :1,882

Loan Price
$800
Price And Interest $741/month
Property Tax $0/month
MTG INS $0/month
HOME INS $59/month
Price
$142,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$708 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 018 - Montgomery County
Subdivision: Garden Springs
Zip Code:40353

School System:Montgomery County - 18
High School:Montgomery Co
Middle School:McNabb
Elementary School:Mt Sterling

Cool:Electric
Heat:Forced Air, Electric
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Darrell Reynolds with RE/MAX Creative Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Mt Sterling, KY Market Report

96
Avg. DOM
$81.11
Avg. $ / Sq.Ft.
$ 269,900
Med. List Price

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There is no data available at this time for Mt Sterling.

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There is no data available at this time for Mt Sterling.

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There is no data available at this time for Mt Sterling.

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There is no data available at this time for Mt Sterling.