442 Patrician Place, Danville, KY 40422

Investment opportunity in Danville! This well-maintained fourplex at 442 Patrician Place offers four 2 bed / 1 bath units in a split-level layout (2 up, 2 down), each with washer/dryer hookups and private back patios. One unit has a newly remodeled bathroom and another is currently vacant, perfect for showings or immediate lease-up. Current rents are $900, $875, and $775 with one vacancy. Market rent potential is approximately $1,000 per unit, giving this property strong upside. HVAC sources vary per unit, including mini splits, wall units, and ceiling cable heat. Roof and gutters have been replaced within the last 24-36 months. Located near major employers, shipping centers, and job opportunities, this property is ideal for tenants and investors alike. Neighboring fourplex also available, fully renovated. Pro forma rent roll could reach $4,000/month. Priced at $399,500, this is a great chance to own income-producing property with value-add potential in a growing market. Buyer to … read more …