NOT LISTED FOR SALE

20-100 Pipers Way Morehead, KY 40351

10 Beds
10 Baths
4,800 Sq Ft
18.25 Acres

Last Sold December 31, 2024

Last sale price $619,900 $129 Per Sq Ft

14 Days on Market

Highlights

  • 18.25 Acre Lot
  • Heating Available
  • 4-minute walk to Twin Knobs Recreation Area - Daniel Boone National Forest
  • Cooling Available
  • 1-Story Property

About This Home

As of December 2024

Investment Opportunity! Here's your chance to expand your rental portfolio with an exceptional package deal! This investment bundle includes 5 single-family homes, each offering 2 bedrooms, 2 bathrooms, and quality finishes like hardwood, tile, and LVP flooring. Each home comes with a full appliance suite, including a washer and dryer. Additionally, 18+ acres of land are available for future development potential, providing endless possibilities for growth. A detached garage in a central location completes this unique offering, ensuring extra storage or income-generating space. Currently, all homes are rented with a mix of long-term tenants, making this package ideal for investors looking for immediate rental income with expansion opportunities. Don't miss this incredible opportunity to invest in a central rental package with proven rental stability and room for future development. Buyer to verify all aspects of the property.

Last Agent to Sell the Property

Jonathan Wood

HomeLand Real Estate Inc - Mt Sterling License #213909 Listed on: 11/15/2024

Last Buyer's Agent

David Reichley

High Point Realty & Auction License #283846

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018

Lot Details

  • 18.25 Acre Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 4,800 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Full Bathrooms

Schools

  • Rowan Co Middle School
  • Rowan Co High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 5 Buildings
  • 5 Units
  • Rural Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031-00 00 037.05

Property Details

Home Type

Multi-Family

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2018
  • New Construction: No
  • Roof:Shingle: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Full Bathrooms: 10
  • Total Bathrooms: 10
  • Total Bedrooms: 10
  • LivingArea: 4800.0
  • Lot Size Area: 18.25
  • Total Stories: 1

Exterior Features

  • Roof: Shingle
  • List Price: 649900.0

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Water Connected

Schools

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

Lot Info

  • Lot Size Acres: 18.25
  • Lot Size Sq Ft: 794970.0
  • Parcel Number: 031-00 00 037.05
  • Zoning Description: Farm/Residential

Multi Family

  • Number of Units Total: 5
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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
12/31/2024 12/31/24 Sold $619,900 -4.6% $129 / Sq Ft
11/29/2024 11/29/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $649,900 -- $135 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 24024053

ImagineMLS (Bluegrass REALTORS®)
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