15 Lincoln Ave Henderson, KY 42420

Property Details for 15 Lincoln Ave

Year built

1978

Lot size

0.67 lot acres

Property type

Commercial real estate

Description

This exceptional 16-unit apartment building presents a compelling investment opportunity in the desirable city of Henderson, Kentucky. Located at 15 N Lincoln Ave, this property boasts a prime location offering residents convenient access to local amenities and attractions while maintaining a peaceful, quiet atmosphere. Constructed in 1978, the single building sits on a sizable 0.67-acre lot. The property comprises a well-balanced mix of unit sizes, including twelve one-bedroom units and four two-bedroom units, catering to a diverse range of tenants. The asking price for this turnkey investment is $1,040,000. This represents a strong potential return on investment given the stable rental market in Henderson. The property's age provides an opportunity for future value appreciation through potential renovations or upgrades. The building's solid construction and established tenancy history contribute to its overall appeal. This multifamily property is an excellent addition to any investor's portfolio, offering a blend of immediate income generation and long-term growth potential. The property's location in Henderson County, Kentucky, with a zip code of 42420, ensures easy access to local services and transportation networks. This is a rare opportunity to acquire a well-maintained, income-producing apartment building in a thriving Kentucky community. Serious inquiries are encouraged.