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422 Letcher Ave, Richmond, KY, 40475

5beds
3baths
1,863sqft
$279,900
$150price/sqft
$1,948/moest. monthly cost
$77,920/yrincome needed

About This Home

Downtown living with built-in income potential in the heart of Richmond! This versatile property features a 3BR/2BA main residence plus a detached garage with a 2BR/1BA apartment above (currently rented month-to-month). The main home offers a flexible floor plan with a spacious front living room that flows into a traditional dining room and renovated kitchen. A rear study/office provides the perfect space for working from home, playroom, or rec room. Three bedrooms include a primary suite with private bath. Carpet free home. Permanent stairs lead to a floored attic for ample storage, and the unfinished basement also provides additional storage space. Exterior features include a detached garage and large driveway w/generous parking. Ideal for owner-occupants seeking to offset their mortgage with rental income, multi-generational living, or investors looking for an immediate income-producing opportunity. Affordable price point with strong flexibility in a desirable downtown location. House can be shown at any time but apartment requires 48 hour notice.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

6/10
8/10
Madison Middle SchoolGrades 6-80.9 mi
7/10

Construction

Condition

  • Year built: 1934

Materials

  • Foundation: Block,Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Aluminum Siding,Other

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Range
  • Laundry features: Electric Dryer Hookup,Washer Hookup,Lower Level

Basement

  • Has basement: Yes
  • Basement: Partial,Sump Pump,Unfinished

Bathroom1

  • Level: First

Bathroom2

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s)
  • Window features: Storm Window(s),Blinds
  • Flooring: Tile,Vinyl,Wood
  • Number of fireplaces: 2
  • Fireplace features: Dining Room,Electric,Great Room,Insert
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,863

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 1,863
  • Total interior livable area: 1,863 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Office

  • Level: First

Property

Details

  • Parcel number: R00500090002

Features

  • Levels: One
  • Fencing: Partial
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 7,405 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached Garage,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes