Richmond, KY 40475

$2,520,000
Property Type: Residential Income Bedrooms: 36 Baths: 36 Square Footage: 19,200 Lot Size (sq. ft.): 52,272 Status: Closed
Current Price: $2,520,000 List Date: 5/25/2022 Last Modified: 8/26/2025

Overview

Description

Check out this amazing investment opportunity centrally located to I75 and the heart of Richmond. We have 12 brand new construction town-homes in the process of being built that are sure to provide a steady passive income without the hassle of deferred maintenance. These 1600 square foot, two story homes feature 3 bedrooms and 2.5 bathrooms. First level offers the open concept living room, kitchen and dining room, with a separate laundry room and pantry. The beautiful kitchen features granite countertops and stainless steel appliances. Upstairs you find a spacious primary bedroom with a large walk in closet and on suite bathroom. There are two additional bedrooms upstairs as well with a separate bathroom! Schedule your showing today! These houses are connected in threes by a breezeway. Additional units available. Estimated construction completion date is August 6, 2022.

Listing Details MLS# 22010746

Listing Information

Comp Sale YN
No
Property Sub Type
Triplex

Status Change Information

Price Change Timestamp
2022-07-09T20:57:00Z
Status Change Timestamp
2022-10-17
Purchase Contract Date
2022-07-28
Close Date
2022-10-14
Close Price
2520000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
N/a

Address

County
Madison
State
KY
Zip Code
40475
Directions
navigate to Anne Hume Blvd and you will bee the new construction development at the end of the road on the right hand side across the street.
Parcel Number
0068-0006-0016-20

Contract

Original List Price
2640000
Start Showing Date
2022-05-25
Listing Contract Date
2022-05-25
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
2100000
List Price/SqFt
131.25
Sold Price/Acre
2100000
Sold Price/SqFt
131.25
SP/LP
Yes

Tax Legal

MLS Area Major
008 - Madison County
Subdivision Name
Windcrest
High School District
Madison County - 8

Interior

Bedrooms Total
36
Bathrooms Total
36
Bathrooms Full
24
Bathrooms Half
12
Living Area
19200

More Information

Parking Information

Parking Total
55

Building

Year Built
2022
Stories Total
2

Lot

Lot Size Acres
1.2
Lot Size Square Feet
52272

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Check out this amazing investment opportunity centrally located to I75 and the heart of Richmond. We have 12 brand new construction town-homes in the process of being built that are sure to provide a steady passive income without the hassle of deferred maintenance. These 1600 square foot, two story homes feature 3 bedrooms and 2.5 bathrooms. First level offers the open concept living room, kitchen and dining room, with a separate laundry room and pantry. The beautiful kitchen features granite countertops and stainless steel appliances. Upstairs you find a spacious primary bedroom with a large walk in closet and on suite bathroom. There are two additional bedrooms upstairs as well with a separate bathroom! Schedule your showing today! These houses are connected in threes by a breezeway. Additional units available. Estimated construction completion date is August 6, 2022.

Tax & Legal

Elementary School
Daniel Boone
Middle Or Junior School
Clark-Moores
High School
Madison Central
Tax Rate
0.0115
Zoning Description
multi family

Association/Community

Number Of Buildings
4
Number Of Units Total
12

Cooling

Electric
Yes

Heating

Electric
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Parking Features

On Site
Yes

Possession

Close Of Escrow
Yes

Property Condition

New Construction
Yes

Roof

Shingle
Yes

Structure Type

Triplex
Yes

Property Features

Cooling: Electric Heating: Electric Listing Terms: 1031 Exchange; Cash; Conventional Parking Features: On Site Possession: Close Of Escrow Property Condition: New Construction Roof: Shingle Structure Type: Triplex
Listing Office: Keller Williams Legacy Group
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.