1604 E 9th Street,Hopkinsville, KY 42240
Hopkinsville, KY 42240
Description
INVESTOR OPPORTUNITY! This 3-bedroom, 1-bath home offers an excellent opportunity to add an income-producing property to your portfolio. The main home is currently rented for $1,250/month, while the separate apartment located behind the home rents for an additional $600/month, providing a combined monthly rental income of $1,850. Both units are currently leased through April 2027, providing immediate cash flow and established tenants for the new owner. With a combined annual gross rental income of $22,200, this property offers the type of rental income investors are looking for and meets the commonly used 1% rule based on the purchase price. The property is being offered specifically as an investment opportunity and is being sold AS IS. Whether you're looking to expand your rental portfolio or searching for a property with immediate income potential, this one is worth a look. Schedule your showing today!
Details
| MLS # | 26027011 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 11 |
| Listing Provided By | Legacy Real Estate Co. | Travis Martin |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,782 |
| Garage | 1 |
| Basement | Y |
| Acreage | 0.33 |
Interior
| Rooms Total | 2 |
|---|---|
| Cooling | Central Air |
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Oven, Range |
Exterior
| Construction Materials | Wood Siding |
|---|---|
| Foundation Details | Block |
Parking
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Attached Garage |
Utilities
| Sewer | Public Sewer |
|---|
Area Information
| State | KY |
|---|---|
| County | Christian |
| City | Hopkinsville |
| Zip Code | 42240 |
| Area | 106 Christian County |
| Subarea | Christian County |
| School District | Christian County |
| Elementary School | Indian Hills |
| High School | Christian Co |
| Listing VS Median (in 42240) | |
Price: $185,000 low | high Med: $245,000 sqft: 1,782 low | high Med: 1,512 $ / sqft: $104 low | high Med: $162 On site: 11 low | high Med: 88 | |
Market Activity 42240
Request a showing
Request a showing
Contact
Learn More About This Property
| State | KY |
|---|---|
| County | Christian |
| City | Hopkinsville |
| Zip Code | 42240 |
| Area | 106 Christian County |
| Subarea | Christian County |
| School District | Christian County |
| Elementary School | Indian Hills |
| High School | Christian Co |
| Listing VS Median (in 42240) | |
Price: $185,000 low | high Med: $245,000 sqft: 1,782 low | high Med: 1,512 $ / sqft: $104 low | high Med: $162 On site: 11 low | high Med: 88 | |