KY
Madison
Berea
40403
118 Salter Road
118 Salter Road, Berea, KY 40403
Share Listing
Listing Type
Multi Family
Listing Status
Pending
1
$329,000

Home Details for 118 Salter Road

Price
$329,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
4
Full Bathrooms
4
Square feet
3416
Year built
1989
Lot size acres
0.26
County
Madison
MLS Listing#
26005942
Property Description

All-brick quadruplex with a durable metal roof. Four rental units, each updated for durability and tenant comfort. Current gross monthly income: approximately $3,800 from 4/4 units leased. Property features include an all-brick exterior and low-maintenance metal roof with updated interiors. Unit 1 offers new cabinets and countertops, LVP, refrigerator, oven, bathtub, PTAC, three new windows, and fresh paint. Unit 2 includes new LVP, oven, refrigerator, vanity, bathtub, water heater, and fresh paint. Unit 3 features a new vanity, bathtub reglazing, and fresh paint. Unit 4 provides a new refrigerator, ceiling fans, and fresh paint. Income/occupancy is 4 of 4 units leased, ~ $3,800/month gross. Opportunity highlights a turnkey investment with strong occupancy and potential to optimize net income with rent adjustments.

Property Features
  • Utilities
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • Electric
    • Multi Units
  • Parking
    • Gravel
    • Paved
  • Heating Information
    • Electric
School Information
School Information for 118 Salter Road, Berea, KY 40403
Elementary School
Kirksville
Middle School
Farristown
High School
Madison So
Listing Courtesy: CENTURY 21 Advantage Realty - 859-624-5488
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Last Updated: 2026-06-17 17:30:14
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EXIT REALTY CRUTCHER
60 Devils Hollow Rd, Frankfort, KY 40601
Kenny Hawkins
License #: 215465
Sales Representative
Office
502 783 6060
Agent
502 680 6195
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