$990,000

1 Sycamore Hill Carlisle, KY 40311

Estimated payment $6,527/month

Total Views 266
70 Beds
34 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Popular Property
  • Forced Air Heating System
  • Coin Laundry
  • Window Unit Cooling System

About This Home

Investment Opportunity: 34 Unit Apartment Complex on 1.9 +/- Acres in Carlisle, KY. Introducing a rare opportunity to acquire a 5 building apartment complex with on site coin laundry. This high performing asset features 34 total units, thoughtfully divided into 6 one bedroom, 20 two bedroom, and 8 three bedroom apartments, offering a desirable unit mix that appeals to a wide tenant demographic. With current occupancy at 94 percent, this complex demonstrates strong rental demand and consistent cash flow. The on site coin laundry facility adds convenience for tenants and additional income potential for ownership. Located just minutes from local schools, shopping, and services, this property is ideally suited for both seasoned investors and those looking to expand their multifamily portfolio in a stable rental market. Property is in multiple offer situation, please have all offers submitted to listing agent no later than Saturday, June 7 2025 @ 3:00p.m. EST for Carlisle-Nicholas Co. Housing Authority Board review. Thank you.

Last Listed By

David Sparks

The Real Estate Co. License #220948 Listed on: 06/05/2025

Property Details

Home Type

  • Apartment

Parking

  • Parking Available

Home Design

  • Shingle Roof

Bedrooms and Bathrooms

  • 70 Bedrooms
  • 34 Full Bathrooms

Schools

  • Nicholas Co Elementary And Middle School
  • Not Applicable Middle School
  • Nicholas Co High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heat Pump System
  • Natural Gas Connected

Additional Features

  • 2-Story Property
  • 1.9 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number C02-03-009.00

Community Details

Overview

  • 5 Buildings
  • 34 Units
  • Downtown Subdivision

Amenities

  • Coin Laundry

Building Details

  • 2 Vacant Units
  • Gross Income $18,800

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Structure Type: Apartments
  • Year Built: 9999
  • Utilities Sewer: Sewer Connected
  • Water: Water Connected
  • Terms Sale: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 34
  • Total Bathrooms: 34
  • Total Bedrooms: 70
  • Lot Size Area: 1.9

Exterior Features

  • Roof: Shingle
  • List Price: 990000.0

Utilities

  • Heating: Forced Air, Heat Pump
  • Building Features: Coin Laundry
  • Cooling: Heat Pump, Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Property Amenities:Coin Laundry: Yes

Schools

  • Elementary School: Nicholas Co
  • High School: Nicholas Co
  • Middle or Junior School: Nicholas Co

Lot Info

  • Lot Size Acres: 1.9
  • Lot Size Sq Ft: 82764.0
  • Parcel Number: C02-03-009.00
  • Zoning Description: Commercial

Multi Family

  • Gross Income: 18800.0
  • Number of Units Total: 34

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 For Sale $990,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25011828

ImagineMLS (Bluegrass REALTORS®)

Kentucky Nicholas County Carlisle 40311

1 Sycamore Hill, Carlisle, KY

This home is located at 1 Sycamore Hill, Carlisle, KY 40311 and is currently priced at $990,000. 1 Sycamore Hill is a home located in Nicholas County with nearby schools including Nicholas County Elementary School and Nicholas County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

ImagineMLS (Bluegrass REALTORS®) The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 LBAR Multiple Listing Service. All Rights Reserved.

Nearby Homes
Listing Agent
David Sparks
Section Image
The Real Estate Co.
(859) 376-4046