222 Adela Avenue Ludlow KY 41016

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222 Adela Avenue

Ludlow, KY 41016

Suburb: Ludlow

$434,100

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Presenting a fully occupied 4-unit building available in Ludlow, KY. Each of these updated units feature 2 beds and 1 bath, providing comfortable living spaces for tenants. Additionally, the garage is currently rented out, maximizing income potential. With strong cash flow already in place, this property offers an attractive investment opportunity you wont want to miss adding to your portfolio!

Directions

75 to exit 189 onto Kyles Ln, R onto Dixie Hwy, L onto Sleepy Hollow Rd, R onto Adela, building on L.

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Property Details

General Information

Property Type	MultiFamily
Style	Multi Family
Suburb	Ludlow
Zip Code	41016
School District	Ludlow Indep
MLS#	622766

Additional Information

Levels	Two
Construction	Brick
Lot Dimensions	174 31.25'X 125'
Total Acres	0.09
Water	Public
Sewer	Public Sewer
Foundation	Stone
Semi-Annual Taxes

Property Features

Basement	Partial
Cars	2
Parking	On Street
Windows	Vinyl Clad Window(s)
Heating	Forced Air, Natural Gas
Cooling	Window Unit(s)

Additional Features

Appliances	Dishwasher, Microwave, Refrigerator, Electric Range

Multi-Family Information

Total Units	4

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If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

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The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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222 Adela Avenue

Ludlow, KY 41016

MultiFamily: Multi Family

Listing # 622766

Agent Remarks:

Driving Directions:

75 to exit 189 onto Kyles Ln, R onto Dixie Hwy, L onto Sleepy Hollow Rd, R onto Adela, building on L.

This listing courtesy of Realiant Northern KY LLC. All Information is believed accurate, but is NOT guaranteed.

513.561.5800

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Property Details

General Information

Additional Information

Property Features

Additional Features

Multi-Family Information

Listings similar to 222 Adela Avenue Ludlow KY

Listings in other areas similar to 222 Adela Avenue Ludlow KY

More Info

Mortgage Calculator

Mortgage Calculator Help

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222 Adela Avenue

Ludlow, KY 41016

Agent Remarks:

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