$295,000
$40K PRICE DROP

6000 Slate Lick Rd London, KY 40741

Estimated payment $1,707/month

Total Views 60,686
7 Beds
7 Baths
2,768 Sq Ft
$107 Price per Sq Ft

About This Home

MAJOR PRICE REDUCTION! We've just dropped the price on this amazing investment opportunity that combines immediate cash flow with significant expansion potential. Unlock the potential of this prime 3.67 acres, fenced, and already featuring 2 duplexes with 4 units, offering a total of 7 bedrooms, 4 full baths along with 3 half baths. Each unit is equipped with kitchen appliances and a mix of durable hardwood, tile, and vinyl flooring. All units are currently occupied, ensuring immediate rental income. This unique property offers no restrictions and the convenience of sewer access, allowing for the addition of more units or mobile homes maximizing your investment and rental income. An older gray stone building on-site, 80 x 56 for a total of 8960 sq ft, presents an opportunity for remodeling, potentially generating even more income. Additionally, 2 storage buildings are available, providing extra space for tenants or your own storage needs. With its spacious vacant land, prime location, easy access to local amenities, and on a reliable sewer system, this property is perfect for savvy investors looking to capitalize on the growing rental market.

Listing Agent

Connie Hunt

CENTURY 21 Advantage Realty License #219409 Listed on: 05/30/2025

CENTURY 21 Advantage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,241

Lot Details

  • 3.67 Acre Lot
  • Land Lease of $225

Home Design

  • 2,768 Sq Ft Home
  • Duplex
  • Metal Roof

Bedrooms and Bathrooms

  • 7 Bedrooms

Schools

  • East Bernstadt Elementary School
  • North Laurel Middle School
  • North Laurel High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 039-00-00-059.00

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Rural Subdivision

Building Details

  • Gross Income $2,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,241

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex
  • Year Built: 9999
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bathrooms: 7
  • Total Bedrooms: 7
  • LivingArea: 2768.0
  • Lot Size Area: 3.67
  • Total Stories: 1

Exterior Features

  • Roof: Metal
  • List Price: 295000.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Paved
  • Total Parking Spaces: 35.0

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: East Bernstadt
  • High School: North Laurel
  • Middle or Junior School: North Laurel

Lot Info

  • Lot Size Acres: 3.67
  • Lot Size Sq Ft: 159865.0
  • Parcel Number: 039-00-00-059.00
  • Zoning Description: none

Rental Info

  • Land Lease Amount: 225.0

Multi Family

  • Number of Units Total: 4
  • Vacancy Allowance Rate: 100.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,241 $160,900 $0 $0
2023 $1,273 $160,900 $0 $0
2022 $1,281 $160,900 $0 $0
2021 $1,327 $160,900 $0 $0
2020 $1,334 $160,900 $0 $0
2019 $1,341 $160,900 $0 $0
2018 $1,671 $200,900 $0 $0
2017 $1,671 $200,900 $0 $0
2015 $1,665 $200,900 $20,900 $180,000
2012 $721 $89,900 $39,900 $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 Price Changed $295,000 -1.0% $107 / Sq Ft
07/16/2025 07/16/25 Price Changed $298,000 -0.3% $108 / Sq Ft
06/24/2025 06/24/25 Price Changed $299,000 -0.3% $108 / Sq Ft
06/04/2025 06/04/25 Price Changed $300,000 -10.4% $108 / Sq Ft
05/30/2025 05/30/25 For Sale $335,000 0.0% $121 / Sq Ft
04/27/2025 04/27/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $335,000 -- $121 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $89,900 --
Source: Public Records

About the Listing Agent

Connie Hunt

CENTURY 21 Advantage Realty

(606) 366-7023

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As a sales associate affiliated with CENTURY 21 Advantage Realty, Connie is here to help her clients buy or sell a home. After serving 30+ years in education, she decided to continue her desire to serve others through real estate. She knows what it means to communicate and what it takes to successfully close a transaction making the buying and selling experience positive and seamless. She serves areas such as London, Corbin, Williamsburg, Somerset, Manchester, and more. She is ready to

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    • Land
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    JUST REDUCED! If you're looking for privacy all around you and lots of hunting opportunities, discover your private retreat on this expansive 254-acre wooded paradise, nestled in a dense, lush forestry setting. Just 15 minutes from town and the interstate, this tranquil property offers the perfect blend of seclusion and convenience. This breathtaking parcel offers majestic ridges, serene

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  • 460 Romans Rd, London, KY 40741

    $395,000 Sold Jun 03, 2025

    • 3 Beds
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  • 9999 Ky 490, East Bernstadt, KY 40729

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  • 9999 Jarvis Branch Rd, Barbourville, KY 40906

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Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 25006651

ImagineMLS (Bluegrass REALTORS®)

APN: 039-00-00-059.00