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Street View
$500,000
12 Beds
5 Baths5 full baths
4,920sqft
240 Susan Dr, Richmond, KY 40475
$500,000
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Apartment
Built in 1990
$-- HOA
0.49 acre lot
$102/sq.ft
Description
Excellent Investment Opportunity in Richmond—Now at a Reduced Price! This 5 Unit Apartment Building (Three 2BR, 1BA Units and Two 3BR, 1BA Units; Four Units Have Their Own Detached Storage Unit) at 240 Susan Drive now offers even greater value with a recent price reduction. Strong potential for increased income remains—current leases are under market value, presenting an immediate value add opportunity for savvy investors. Conveniently located near shopping, dining, and Eastern Kentucky University, this well maintained property provides consistent occupancy and a solid rental history. With updated rents and the new, lower price, this property could deliver impressive retu...
Continue Reading- Houzeo last checked: 5 hours ago
- Listing updated: May 17, 2026 at 9:59 pm
- Listing Provided by: Tom D Thomas (859) 559-6335 | The Real Estate Co. (859) 979-1508
- Source: Lexington Bluegrass AOR (Imagine) MLS-KY | MLS#: 25506308
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1990
HOA Fees
-
Finished Area
4,920 sqft
Lot Size
0.49 acre lot
Basement Area
- sqft
MLS Name
Lexington Bluegrass AOR (Imagine) MLS
MLS Number
25506308
MLS Status
Active
Days on Market
259
Cumulative Days on Market
181
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