Photos
$750,000
MLS: 16063-012604
0.23 Acres
832 SqFt
2 beds
1.0 baths
Situated in the heart of Lancaster, Kentucky, this exceptional offering presents a rare investment opportunity at 139/149 Cardinal Circle, 140/152 Cardinal Circle, 160/172 Cardinal Circle, and 233/251 Cardinal Circle. Comprising four well-maintained duplexes, this portfolio includes eight total rental units, each thoughtfully designed with two bedrooms and one bath. The property’s convenient location ensures easy access to local amenities, making it highly desirable for tenants seeking comfortable, practical living spaces. With all units currently 100% occupied, investors can immediately benefit from an established rental income stream, providing both stability and potential for future growth.
Each unit offers a balanced layout that appeals to long-term renters, combining functionality with comfort. The consistent occupancy across all eight units is a testament to the property's strong rental demand and the desirability of its location. This steady income-producing asset represents a prime opportunity for those looking to expand their portfolio with multifamily properties. Whether you are a seasoned investor or entering the market with a strategic acquisition, this package delivers an exceptional blend of security and income potential in Lancaster’s thriving rental market.
Each duplex is situated on approximately 0.23 acre lots, providing ample space and privacy for tenants while allowing room for future enhancements or landscaping. This generous lot size adds to the overall appeal and value of the investment, distinguishing the property within the local rental market. The combination of multiple units and sizeable individual lots offers versatility and opportunity, making this portfolio a standout choice for investors seeking both immediate returns and long-term asset appreciation.
Deonica Asbery
