Investment Opportunity to own a Multi-family rental in downtown Paris, Ky. Around 50% of the renovations have been completed. New roof, all new plumbing, 60-70% of electric and all new windows. 5 units in total. On the 1st Floor: 1st Unit is an efficiency apartment, 2nd unit has 2 bedrooms, 3rd unit has 1 bedroom. On the 2nd Floor: 4th Unit has 2 bedrooms, 5th Unit has 1 bedroom. All units have bathrooms, kitchens, living and laundry areas. Has 6 electric meters and 1 gas meter. All water heaters are in the basement. There is a common area or main hall. Buyer or buyer agent will need to verify square footage, schools, zoning , restrictions if any, codes, building permits if needed, acreage. Bank Owned. Selling "As Is". Proposed plans are available.
| MLS # | 26004300 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Contingent |
| Year | 1929 |
| Days On Site | 53 |
| Listing Provided By | United Real Estate Bluegrass | Betsy Brown |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 5,044 |
| Units | 5 |
| Zoning | Other |
| Acreage | 0.27 |
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | No |
| Roof | Shingle |
|---|
| State | KY |
|---|---|
| County | Bourbon |
| City | Paris |
| Zip Code | 40361 |
| Area | 006 Bourbon County |
| Subarea | Bourbon County |
| Community Name | City Limits |
| School District | Bourbon County |
| Elementary School | Paris Independent City |
| High School | Paris Independent City |
| Listing VS Median (in City Limits) | |
Price: $199,900 low | high Med: $215,000 sqft: 5,044 low | high Med: 1,352 $ / sqft: $40 low | high Med: $159 On site: 53 low | high Med: 16 | |
| State | KY |
|---|---|
| County | Bourbon |
| City | Paris |
| Zip Code | 40361 |
| Area | 006 Bourbon County |
| Subarea | Bourbon County |
| Community Name | City Limits |
| School District | Bourbon County |
| Elementary School | Paris Independent City |
| High School | Paris Independent City |
| Listing VS Median (in City Limits) | |
Price: $199,900 low | high Med: $215,000 sqft: 5,044 low | high Med: 1,352 $ / sqft: $40 low | high Med: $159 On site: 53 low | high Med: 16 | |