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$400,000
4 Beds ⋅ 4 Baths ⋅ 26014582 MLS
Ready to buy your first investment property? Here's a great opportunity to live in one side of these 2 adjoining townhomes and rent out the other! Or, add these updated income-producing properties to your investment portfolio. The units are deeded separately, but they share a roof & a fence, making them a better package deal than to be sold separately. Beginning July 1, both tenants will be paying $1,200/month. The tenant in 508 Platt is planning to move out in September, so there is an opportunity to raise that rent to current fair market rates or, move into that side, with instant income from 506. The tenant in 506 has lived there for 8-10 yrs & would like to stay. The owner used to live in one of the units & has taken great care of the properties since converting them to rentals. Almost everything in each unit has been updated in the last 10 years, including new Trex deck boards in 2025; The roof (shared), water heaters & 506 HVAC were replaced in 2018; The 508 HVAC was replaced in 2017; New luxury vinyl flooring in 2015 (506) and 2018 (508). 48 hours notice required to show. Selling as is. Inspections welcome.

508 & 506 Platt Dr, Nicholasville