INVESTORS TAKE NOTICE! This versatile two-story mixed-use investment property offers multiple income-producing possibilities, with two existing apartments capable of generating monthly rental income of $1600 or more, with even greater potential. The second floor features two spacious apartments, each offering comfortable living areas with open concept layouts connecting the living spaces to the kitchens. Each apartment includes 2 bedrooms and 1 bath and a laundry space. The downstairs level offers 1/2 bath with washer/dryer hookup. Two large open spaces with garage doors and two separate entry doors. This area was previously used for a business and offers excellent potential for a new business, additional rental space, or conversion into as many as two additional apartments. Outside, the property provides additional space large enough to accommodate a small mobile home, with hook-ups already in place, creating another potential income-producing opportunity. Located along a high-traffic highway, this property offers excellent visibility and flexibility for an investor looking to generate income from multiple sources. *Property being SOLD AS IS! * Buyer to verify sq. footage.
| MLS # | 26023432 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 11 |
| Listing Provided By | Sallie Davidson, Realtors | Donna White |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 3,000 |
| Acreage | 0.23 |
| Cooling | Electric |
|---|---|
| Heating | Gas Pack |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| State | KY |
|---|---|
| County | Clay |
| City | Manchester |
| Zip Code | 40962 |
| Area | 043 Clay County |
| Subarea | Clay County |
| School District | Clay County |
| Elementary School | Manchester |
| High School | Clay County |
| Listing VS Median (in 40962) | |
Price: $175,000 low | high Med: $232,500 sqft: 3,000 low | high Med: 1,872 $ / sqft: $58 low | high Med: $125 On site: 11 low | high Med: 76 | |
| State | KY |
|---|---|
| County | Clay |
| City | Manchester |
| Zip Code | 40962 |
| Area | 043 Clay County |
| Subarea | Clay County |
| School District | Clay County |
| Elementary School | Manchester |
| High School | Clay County |
| Listing VS Median (in 40962) | |
Price: $175,000 low | high Med: $232,500 sqft: 3,000 low | high Med: 1,872 $ / sqft: $58 low | high Med: $125 On site: 11 low | high Med: 76 | |