1604 E 9th St, Hopkinsville, KY 42240

$185,000
3
BD
1
BA
1,782
SqFt

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List Price
$185,000
Status
ACTIVE
MLS#
3603145
Days on Market
22
Bedrooms
3
Bathrooms
1
Full Bathrooms
1
Living Area
1,782
Lot Size
14,374
Acres
0.33
County
Christian

Property 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!

Additional Information

Elementary School
Indian Hills Elementary School
High School
Christian County High School
Living Area
1,782
Subdivision
Cherokee Park Sub
Subtype
Single Family Residence
Year Built
1950
Type
Single Family Residential

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Listing courtesy of Legacy Real Estate Co..

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