$175,000
 $939 est/mo Sourced by Back At You

3712 N Hwy 421,Manchester, KY 40962

Manchester, KY 40962

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Description

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.

Details

MLS #26023432
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1951
Days On Site11
Listing Provided BySallie Davidson, Realtors | Donna White

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet3,000
Acreage0.23

Interior

CoolingElectric
HeatingGas Pack
Heating Yes / NoYes
Cooling Yes / NoYes

Area Information

StateKY
CountyClay
CityManchester
Zip Code40962
Area043 Clay County
SubareaClay County
School DistrictClay County
Elementary SchoolManchester
High SchoolClay County
Listing VS Median (in 40962)
Price:
$175,000
low | high
Med:
$232,500
17.142857142857% of Average
sqft:
3,000
low | high
Med:
1,872
87.6% of Average
$ / sqft:
$58
low | high
Med:
$125
63.647959183673% of Average
On site:
11
low | high
Med:
76
14.473684210526% of Average
Sourced by Back At You

Market Activity 40962

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Learn More About This Property

StateKY
CountyClay
CityManchester
Zip Code40962
Area043 Clay County
SubareaClay County
School DistrictClay County
Elementary SchoolManchester
High SchoolClay County
Listing VS Median (in 40962)
Price:
$175,000
low | high
Med:
$232,500
17.142857142857% of Average
sqft:
3,000
low | high
Med:
1,872
87.6% of Average
$ / sqft:
$58
low | high
Med:
$125
63.647959183673% of Average
On site:
11
low | high
Med:
76
14.473684210526% of Average
Sourced by Back At You
Listing Updated: August 27, 2026 at 11:42:08 AM PDT
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