1 month on rocket

Sale Pending

401 N St, Richmond, KY, 40475

$190,000

Home List Price

$2,256*

Closing Credit

5 Bedrooms
3 Full Baths
3,154 SqFt
$60/SqFt
Multi
Schools Nearby

Location

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401 N St, Richmond$190,000

Buyer Closing Credits

$2,256*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 - 5 Spaces
Year Built9999
HeatingFloor Furnace, Space Heater(s)
CoolingWindow Unit(s)
MLS #24006296
Lot Size0.20 Acres
StatusSale Pending
(Pending)

About 401 N St

Discover an unparalleled investment opportunity in the heart of Richmond, KY. Introducing a meticulously crafted quadplex offering the perfect blend of modern living and high-yield returns projected at $3,400 per month!Prime Investment in Richmond, KY Quadplex with Office SpaceKey Highlights:Ideal Location: Situated in Richmond's thriving downtown community, this quadplex is strategically positioned near essential amenities and educational institutions, ensuring high tenant demand.Featuring four residential units and a downstairs area being made into 4 bed 1bath apt spaces, designed to be rented on a per room basis for college students, this property offers multiple income streams for robust cash flow potential.Richmond's growing economy and rising property values present an opportune time to invest in this property, offering both immediate rental income and long-term appreciation potential.Seize this rare opportunity to diversify your portfolio and secure a promising investment in Richmond's flourishing real estate market!

Property Details

Property Features

Property Information:

  • Year Built: 9999
  • Stories: 2
  • Living Area: 3,154 SqFt

Listing Office:

  • Office Name: Keller Williams Commonwealth
  • Office Phone: (859) 721-2121

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: 1 - 5 Spaces

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace, Space Heater(s)
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Madison Central High School, Public District Grades 9-12
  • Model Laboratory High School, Public District Grades 9-12
  • Madison Middle School, Public District Grades 6-8
  • Model Laboratory Middle School, Public District Grades 6-8
  • Model Laboratory Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Exit 87 on I-75Head east on Barnes Mill Rd/Eastern BypassContinue to follow Eastern Bypass0.3 miContinue straight to stay on Eastern Bypass0.6 miTurn left onto Lancaster Ave1.0 miTurn right onto W Main St85 ftTurn left onto Church St0.1 miTurn left onto North StDestination will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $190,000
  • Price Per SqFt: $60/SqFt

Tax Information:

  • Annual Amount: $107
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Richmond, KY.

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Richmond, KY

City

Med. Sold Price

$289.9K

Med. Price/SqFt

$103

Avg. Days On Market

44

# of Sold Homes

74

401 N St vs Richmond

43 DAYS ON ROCKET

-1 Day

$190,000

-$99.9K Less

$60/SqFt

-$44 Less

KEY TAKEAWAY

This property is $99.9K less than the Median Sold Price and $44/SqFt less than other homes in Richmond, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24006296

Listing Office:

  • Office Name: Keller Williams Commonwealth
  • Office Phone: (859) 721-2121

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/18/2024, 2:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 20, 2020Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2020$107$55,000
2019$76$55,000
2018$559$55,000

History based on county public records data.

Payment Calculator

$1,016

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$636

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2971394
7
/10

  • Model Laboratory Elementary School

  • 521 Lancaster Ave

  • 0.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2971395
6
/10

  • Madison Middle School

  • 101 Summit St

  • 0.35 miles

  • Public District Grades 6-8

school-card-donut-2971396
7
/10

  • Model Laboratory Middle School

  • 521 Lancaster Ave

  • 0.55 miles

  • Public District Grades 6-8

High School

school-card-donut-2971397
6
/10

  • Madison Central High School

  • 705 N 2nd St

  • 0.50 miles

  • Public District Grades 9-12

school-card-donut-2971398
8
/10

  • Model Laboratory High School

  • 521 Lancaster Ave

  • 0.55 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,944. Residents of Richmond, KY typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Kentucky›Madison County›Richmond›40475›401 N St

This home is located at 401 N St in Richmond, KY and zip code 40475. This 3,154 square foot home, which was built in 9999, sits on a 0.20 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $190,000.

In April 2024 more than 14 listings in Richmond, KY were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 40 were sold below. In April 2024 in Richmond, KY there were 3.3% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $289,957, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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