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$325,000   Price Analysis
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707 Old Shakertown Rd
Danville, KY 40422
4 bed 2 bath 2,838 SqFt ($114/SqFt)
4.31 acre lot.
Listed 2024-04-24, Taxes $272
USDA Eligible
near Danville, KY
 Restrictions may apply
due to home size

Current owners got zoning changed to RM-3 which makes this an ideal (and rare)

Multi-family housing property. RM-3 allows up to 8 units per building (which would men 62 units plus the home in place). This property is one of the properties with this zoning, which makes i t the ideal property for investors and builders looking to expand the housing options in Danville.

At this price point, land cost per unit is under $5300 at 62 units.


Presented by Amanda B. Morris at
Rector Hayden, Realtors.


Property MLS #24007926 from BLUEGRASS

Bedrooms: 4

Total Bathrooms: 2.00
Full Bathrooms: 2

Laundry Features: Electric Dryer Hookup, Washer Hookup

Cooling Features: Window Unit(s)
Heating Features: Natural Gas

Flooring: Hardwood
Window Features: Screens

Basement Description: Unfinished, Walk-Up Access

Porch
Storm Door(s)
Fencing: Chain Link

Lot Size Acres: 4.31
Lot Size Square Feet: 187744

Garage Features: Detached
Parking Features: Driveway

View: Neighborhood, Rural

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Hogsett/Jennie Rogers(Legacy)
High School: Danville
Middle School: Bate
School District: Danville City - 126

Danville High School is a public high school located approximately 0.7 miles away.
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Toliver Elementary School is a public elementary school located approximately 1 miles away.
directions icon Map directions

Bate Middle School is a public middle school located approximately 1.2 miles away.
directions icon Map directions

Danville Montessori School is a private elementary school located approximately 1 miles away.
directions icon Map directions

Source Listing Status: Active
County: Boyle
Directions: Take Hwy 27 S into Nicholasville. Continue straight on Hwy 27 S to KY-34 w. Take a right on 34W and follow to traffic circle. At trafficcircle take third exit to KY-33 S/Shakertown Road. keep right to continue on Old Shakertown Rd, 707 Old Shakertown road isapproximately 0.2 miles on the left.
Source Property Type: Residential
Area: 012 - Boyle County
Source Neighborhood: Rural
Subdivision: Rural
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2011$unknown + $unknown
$95,000
$272
2006$unknown + $unknown
$85,000
$226
2005$unknown + $unknown
$85,000
$224

Listed 2024-04-24
$325,000
BLUEGRASS

Above Grade Finished Area: 2838
Attic: Partially Finished
Construction Materials: Brick Veneer, Wood Siding
Foundation Details: Stone
Levels or Stories: Three Or More
Structure Type: House
Architectural Style: Ranch

Sewer: Public Sewer, Septic Tank
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.