Looking for an investment opportunity? Here you go!! Five (5) of the six (6) units are 2/1 and rent ranging from $640-$775. All tenants are current with no arrears. CAPEX are electrical upgrades in all units, new asphalt in parking lot, renovation to each unit, refurbished/new flooring throughout., repair/reinforced wood deck/steps and new windows. Come check out this investment and increase your rental portfolio or start new.
Renovated 4 Plex located in Lowertown. Great income producing property in a convenient location. Potential for $2,900 monthly income. Updates include newer roof, windows, and rear decking. Tenant parking is in rear.
Beautiful & Historic Investment Property For Sale in Downtown Paducah. Located on the corner of 7th and Kentucky Ave, the Old Courthouse Station 4-Plex features two units with 3 bedrooms, 1 bath and two units with 2 bedrooms, 1 bath. Each unit is very spacious with approx. 1,000 sq ft living area and each having it's own balcony or covered porch area. One unit is leased for $800/month and two units lease for $1,000/month for total monthly income of $2,8000/month. One unit is available at $1,000. Tenants pay electric, nat gas, sewer, sanitation and owner pays water and common area electric. This historic building has lots of character and charm and is located in downtown Paducah close to shopping, restaurants and the Paducah Riverfront.
The median home value in Paducah, KY is $219,900. This is higher than the county median home value of $160,100. The national median home value is $338,100. The average price of homes sold in Paducah, KY is $219,900. Approximately 44.55% of Paducah homes are owned, compared to 40.35% rented, while 15.11% are vacant. Paducah real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Paducah real estate agent to arrange a tour today!
Paducah, Kentucky has a population of 26,248. Paducah is less family-centric than the surrounding county with 21.42% of the households containing married families with children. The county average for households married with children is 27.22%.
The median household income in Paducah, Kentucky is $42,024. The median household income for the surrounding county is $53,366 compared to the national median of $69,021. The median age of people living in Paducah is 43.7 years.
The average high temperature in July is 89 degrees, with an average low temperature in January of 24.8 degrees. The average rainfall is approximately 48.6 inches per year, with 7.1 inches of snow per year.