101 Melissa Dr Nicholasville, KY 40356

This exceptional investment opportunity presents two well-maintained duplexes located at 101 Melissa Dr, Nicholasville, KY 40356, within easy reach of Lexington. The property boasts a total of 3,236 square feet of net rentable space, currently enjoying 100% occupancy with stable, long-term tenants. Each unit offers three bedrooms, two and a half bathrooms, and an attached one-car garage. Tenants are responsible for their own utilities, simplifying management. The property is classified as a Class B multifamily investment, offering a compelling 7.00% capitalization rate and an asking price of $335,000. This stabilized investment presents a strong cash flow potential, with the possibility of future rent growth. The location, just off Nicholasville Road, provides convenient access to amenities and major thoroughfares. This is a rare opportunity to acquire a turnkey investment property with excellent potential for long-term returns. The property is part of a larger portfolio of twelve buildings available for purchase individually or in bulk. This presents a unique opportunity to acquire a single duplex or to build a larger portfolio. The Lexington MSA provides a strong rental market with room for future rent increases.