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  • - Multi-Family For Sale

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Description for 1608 College Farm Road MLS# 113009

Fantastic Investment Opportunity less than a city block from Murray State University. This property contains 2 apartment buildings with new architectural shingle roofs in 2018. Most of the units have been completely remodeled with new flooring and fresh paint, bathrooms updated. Plenty of parking located off street behind the buildings. 18 units total, 16 of them are 1 bedroom, 2 of them are 2 bedroom, only 1 vacant 2 bedroom unit because it just finished being renovated, it is also the one photographed in the listing. Separate laundry facility provided for 1 bedroom units. Both of the 2 bedroom units have a washer & dryer provided in each apartment. 95% occupancy.

General Features

  • Property For
    Sale
  • Listing Type
    Multi-Family
  • County
    Calloway
  • Subdivision
    None
  • Price
    $699,000

Additional Details

Directions
From 12th street in Murray turn W. onto College Farm Road. Go through the 16th street (5 points) intersection and property will be on your right just past Murray Animal Hospital.
Foreclosure Yor N
No
Garage Cap Per Unit
None
Geo Latitude
36.616912
Geo Longitude
-88.325621
Location
In City Limits,Interior Lot
Restrictions
Zoning
Stories
Two
Assocfeeincludes
None
Diningorkitchen
Living/Dining
Floorcovering
Laminate
Full Baths Per Unit
One
Laundrylocation
Common Area
Walls
Dry Wall
Exteriorfeatures
Sidewalks,Trees
Exteriorfinish
Board/Batten,Brick/Siding
Roof
Dimensional Shingle

Lot

Access
Blacktop
Easements
Zoning
Landuseortopography
Level
Electric Company
Murray Electric
Heating
Electric
Sewer
Public/Municipality
Water
Public/Municipality
Water Company
Murray Municipal
Waterheater
Electric
Beds Per Unit
One
Unit Num1 Amenities
Refrigerator,Stove
Unit Num2 Amenities
Refrigerator,Stove
Unit Num3 Amenities
Refrigerator,Stove
Unit Num4 Amenities
Refrigerator,Stove
Unit Num5 Amenities
Refrigerator,Stove
Unit Num6 Amenities
Refrigerator,Stove
Elementary School
Calloway/Murray-VERIFY
Middle School
Calloway/Murray-VERIFY
Sr High School
Calloway/Murray-VERIFY

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Market Research


 

Murray Multi-Family Values

Average List Price:
$246,300
Average Sold Price:
$239,075
Average Price per SQFT:
(N/A)
Average Days on Market:
143
Number of Properties for Sale:
1,281
Vs.

This Property

List Price:
$699,000
Approx. Price per SQFT:
N/A
Days on Website:
85 (Jun 28, 2021)

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