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Apartment in Richmond, KY

240 Susan Drive, Richmond, KY, 40475

Description

Bedroom

12 Rooms

Bathroom

5 Baths

Square Foot

4920 Ft

Lot Size

0.49 Acres

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 returns in Richmond's growing rental market.

Location
Contact Agent

Richmond Expert Agent

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Additional Listing Details:

139 days on HouseJet

Last Refresh: 04/06/2026 09:00:03 AM UTC

MLS #: 25506308

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Listing Agent

Tom D Thomas

The Real Estate Co.

Phone: 859-979-1508