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$224,900
3 Beds 3 Baths 26018793 MLS
Income producing historic asset in the heart of downtown Nicholasville! The Metcalf Place holds rich history as the first house to be erected in the establishing of the town of Nicholasville in the late 1700s. This now cash flowing triplex at 209 South 1st Street offers an excellent chance to start or expand your investment portfolio. All three units are currently occupied by month-to-month tenants - who would like to remain in place, providing immediate rental income with future flexibility for the next owner. Electric billed separately for each unit. Professionally managed for the past two years, the property has been consistently maintained and presents a solid foundation for an investor looking to add value. Gross rents total $2725 monthly. Whether you're looking for a long-term hold, value-add project, or addition to an existing rental portfolio, this downtown location offers a consistent rental base due to convenience to shopping, dining, parks, and major commuter routes. Don't miss this chance to own a cash-flowing multifamily property with immediate income, upside potential, and attractive pricing. Inspections welcome, property being sold "AS IS." Cash & conventional offers preferred. Listing agent has familial relationship with personal representative of the estate.

209 S 1st St, Nicholasville

$135,000
4 Beds 3 Baths 26015957 MLS
Investment Opportunity! Triplex in Paintsville, KY Don't miss this income-producing triplex located at 205 Frank Street in Paintsville, Kentucky. This multi-family property offers three separate units, making it an excellent opportunity for investors seeking steady rental income or owner-occupants looking to offset their mortgage with rental revenue. Conveniently situated close to downtown Paintsville, shopping, restaurants, schools, and local amenities, this property offers strong rental appeal. Each unit provides comfortable living space with separate entrances, creating privacy and convenience for tenants. Whether you're looking to expand your investment portfolio, generate passive income, or live in one unit while renting the others, this triplex offers flexibility and potential. With limited multi-family inventory in the area, this is a great opportunity to own a property with multiple income streams in an established neighborhood. Schedule your showing today and explore the possibilities this triplex has to offer!

205 Frank St, Paintsville