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$289,900
6 Beds
4 Baths2 full baths + 2 half baths
2,248sqft
118 Central Ave, Berea, KY 40403
$289,900
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Duplex
Built in 1994
$-- HOA
0.17 acre lot
$129/sq.ft
Description
Fully occupied, turnkey duplex in Berea generating immediate cash flow with both 3BR/1.5BA units leased at $1,550/month, producing $3,100/month ($37,200 annually) in gross rental income. Property features stable annual leases, thoughtful interior updates, and energy-efficient improvements including updated HVAC systems, windows, and roofing. Utilities are currently included for both units, with total utility costs averaging approximately $500/month for the entire property. Annual property taxes are approximately $2,000, and insurance averages around $3,000/year. Walkable distance to Berea College, and conveniently located near I-75, local shops, restaurants, and outdoor r...
Continue Reading- Houzeo last checked: 36 Minutes ago
- Listing updated: June 12, 2026 at 1:47 am
- Listing Provided by: Bill Adams , Cassandra Adams | Century 21 Pinnacle
- Source: Lexington Bluegrass AOR (Imagine) MLS-KY | MLS#: 26001566
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1994
HOA Fees
-
Finished Area
2,248 sqft
Lot Size
0.17 acre lot
Basement Area
- sqft
MLS Name
Lexington Bluegrass AOR (Imagine) MLS
MLS Number
26001566
MLS Status
Active
Days on Market
140
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