Investment Opportunity in Silver Lake - Two-Family with Rental Income (Sold As-Is) Located on Silver Lake Road, this semi-attached two-family property offers great potential for investors or buyers looking to generate rental income. The lot spans 2, 400 sq. ft., with a building footprint of 17 ft x 37 ft. A built-in garage and one-car carport provide convenient parking options. The primary unit is a spacious 4-bedroom, 1-bathroom apartment currently rented for 2, 500. On the upper level, you'll find two additional unitsone rented studio apartment generating 1, 300 per month, and a vacant 1-bedroom apartment waiting for the right tenant or renovation. Though the property needs work, it's a fantastic opportunity for someone willing to invest in updates and care. With both units already generating rental income and potential for more, this property could become a valuable asset in a prime Tompkinsville location. Don't miss the chance to unlock this property's potential!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
Appliances
- Freezer
- Gas Grill
- Refrigerator
Heating and Cooling
- Cooling Features: Units
- Heating Features: Hot Water, Natural Gas
- Heating: Yes
Land Info
- Back
- Lot Size Acres: 0.0550964
- Lot Size Dimensions: 20ft x 120ft
- Lot Size Square Feet: 2400
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 1
- Garage Description: Built-in
- Parking Features: Carport
Exterior and Lot Features
Multi-Unit Info
- Full Bathrooms in the 2 Bedroom Units: 2
- Bedrooms in Unit-2: 1
Other Property Info
- Annual Tax Amount: 5466
- Source Listing Status: Active
- County: Richmond
- Source Property Type: Residential
- Area: Tompkinsville
- Property Subtype: townhouse
- MLS Area Minor: Tompkinsville
- Source Neighborhood: Tompkinsville
- Ownership Type: Fee Simple
- Parcel Number: 00128-0016
- Zoning: R3A
- Property Subtype: Two Family - Semi-Attached
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1260
- Year Built: 1931
- Building Area Total: 1260
- Building Exterior Type: Brick
- Construction Materials: Brick
- Foundation Details: Partial
- Property Age: 93
- Property Condition: Fair
- Levels or Stories: 2
- Year Built Details: Approx
- Architectural Style: Townhouse
Utilities