420 Concord Road Richmond, KY 40475

$695,000  
138 Acres On Site: 20 Days
 
Excellent cattle farm featuring a tobacco barn 40 X 48, a metal pole barn 42 X 72, 4 ponds, trees, shade areas for cattle, a creek that provides water, terraced fields and adequate fencing. Main residence a Bedford stone ranch in excess of 2000 sq. ft. with an unfinished basement. Extra value includes 2 tenant single family dwellings. Zoned R-7 Urban Agricultural. Potential development possibilities at the rear of farm off of Four Mile Road. Great RENTAL potential that would almost make your mortgage payment on this property. Bedford Stone Main home is currently leased for 2 years @ $1000 monthly; 2nd home has 2 yr lease @ $750 monthly; 3rd home is leased to a family member - total rental income of $2400 monthly. Listing agents can provide additional information regarding this property.
Status:Active
Property Type:Farm
MLS #:1616989
On Site:20 Days
Lot Size:138 Acres

Detailed Maps

Community Information

Address:420 Concord Road Richmond, KY 40475
County:Madison
Subdivision:Rural
Zip Code:40475

School Information

School System:Madison County
High School:Madison Central
Middle School:Michael Caudill
Elementary School:Glenn Marshall

Property Features

Lot Size: 138 Acres
Lot Dimensions:138 Acres
Topography: Gently Rolling
Lot Dimensions: 138 Acres
Sewer: Septic System
Water: City
Utilities: Electricity Available, Water Available, Telephone
Road Front Footage: 0
Fencing: Wire
Zoning:: Other
Directions:Dr. Robert R Martin Bypass; Left on Hwy 52 (Irvine Rd.) go 1 mile & Left onto Concord; farm will be on Left in approximately 2 miles.

Tax and Financial Info

Financing: Cash, Conventional

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Listing Information Last Updated 1/21/2018
Listing provided courtesy of Rector Hayden, Realtors.
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Property Summary

420 Concord Road
Richmond, KY 40475

MLS®: 1616989

List Price: $695,000

Description:

MLS # 1616989: This property at 420 Concord Road, Richmond, KY 40475 is located in the Rural subdivision and is listed for $695,000. MLS # 1616989 has been on the market for 19 days.