Current rent for each unit is $774 a month, units usually see an increase from HUD by 2% annually. Located on a quiet street in Henderson, Kentucky, this six-unit duplex portfolio offers an investment opportunity with an approximate 9% capitalization rate at the current asking price. Each unit features two bedrooms and one bathroom. The properties participate in the Section 8 housing program, with approximately nine years remaining on a 10-year agreement signed by the current owners one year ago. Financial documents are available online for review. All prospective buyers must provide a lender-issued financing prequalification letter before scheduling a showing. The buyer must be approved by the seller and should allow 60–120 days for HUD approval as part of the transaction process. There are 6 different properties: 1422 Mattingly Drive 1428 Mattingly Drive 1432 Mattingly Drive 1436 Mattingly Drive 1440 Mattingly Drive 1446 Mattingly Drive
- Kitchen:
- No
- Fireplace:
- No
- Type/Style:
- Other-See Remarks
- Roof:
- Dimensional
- Water/Sewer:
- Public
- Appliances:
- Dishwasher, Cooktop, Disposal, Exhaust Fan
- Interior Features:
- W/d Hookup
- Exterior Features:
- Porch Front, Concrete Drive
- Country:
- US
- State:
- KY
- County:
- Henderson
- City:
- Henderson
- Area:
- Owensboro
- Zipcode:
- 42420
- Street:
- Mattingly Drive
- Street Number:
- 0000
- Longitude:
- W88° 24' 26.4''
- Latitude:
- N37° 48' 5.8''
- Elem. School:
- Other
- High School:
- OTHER
- Middle School:
- Other
- # Stories:
- One
- Area/Subdivision:
- HENDERSON COUNTY
- HOA Amount:
- $0
Duplex
0000 Mattingly Drive, Henderson, Kentucky 42420
- Property Type :
- Duplex
- Listing ID :
- 95846
- Price :
- $699,500
- Bedrooms :
- 2
- Bathrooms :
- 1
- Year Built :
- 1982
- Lot Size :
- 79x145
- Status :
- Active
- Above Grade Finished SqFt (GLA) :
- 638 Sqft
- # 1 Bedroom Units :
- 2
- # 1 Bath Units :
- 1
