NOT LISTED FOR SALE
2 Beds
1 Bath
-- Sq Ft
1.62 Acres

Last Sold July 08, 2022

Last sale price $495,000

3 Days on Market

About This Home

As of July 2022

Here is your investment opportunity. This 8 house rental community in Russell Springs, has been well maintained with ownership providing a high level of care to the property and residents. Homes are located near Russell Springs, the Cumberland Parkway and within 8 miles of the Jamestown Marina and Pleasant Hill Boat Ramp. Keep as a monthly rental or convert them all to air bnb for the much needed Lake Cumberland visitor lodging. An incoming investor can take advantage of the value-add opportunity given the growing rents in the local rental market. One home is a 3 bedroom 2 bath (approx 980 sq ft.) and the remaining seven are 2BR 1 bath (approx 728 sq ft.) All homes have a 4x10 front porch and sit on a concrete foundation. These are 100% occupied.

Last Agent to Sell the Property

Darren Gossage

Weichert Realtors Ford Brothers, Inc. License #275887 Listed on: 04/10/2022

Weichert Realtors Ford Brothers, Inc.

Last Buyer's Agent

Null Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 1.62

Home Design

  • Shingle Roof
  • Metal Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Russell Co Middle School
  • Russell Co High School

Additional Features

  • 1-Story Property
  • 1.62 Acre Lot

Community Details

  • 8 Buildings
  • 8 Units
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 177270

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1989
  • New Construction: No
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Lot Size Area: 1.62
  • Total Stories: 1

Exterior Features

  • Roof: Metal, Shingle
  • List Price: 529000.0

Schools

  • High School: Russell Co
  • Middle or Junior School: Russell Co

Lot Info

  • Lot Size Acres: 1.62
  • Lot Size Sq Ft: 70567.0
  • Parcel Number: 177270
  • Zoning Description: none

Multi Family

  • Number of Units Total: 8

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $495,000 -6.4% --
04/14/2022 04/14/22 Pending -- -- --
04/10/2022 04/10/22 For Sale $529,000 -- --
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 22006854

ImagineMLS (Bluegrass REALTORS®)