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$525,000   Price Analysis
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160 W Russell St
Elkhorn City, KY 41522
Unknown bed None bath unknown SqFt ($0/SqFt)
0.33 acre lot.
Listed 2024-02-23, Taxes $854
USDA Eligible
near Elkhorn City, KY
 

Located in the charming town of Elkhorn City

This commercial real estate offers a lucrative investment opportunity for savvy investors. This property boasts three fully rented businesses and three rented two bedroom 1 bath apartments.

Already rented, this boasts a stream of steady income and fantastic opportunity to capitalize on the gr owing market in Elkhorn City. Owners have completed extensive renovations and rntal income/details available upon request.


Presented by Brianna Corum at
Valley Agency.
Listing Agent Photo

Property MLS #121793 from BigSandy

Dryer
Refrigerator
Stove
Washer

Basement Features: Outside Entrance, Unfinished

Cooling Features: Central, Wall Units
Heating Features: Heat Pump, Wall Furnace

Window Features: Double Pane

Patio And Porch Features: Covered Deck

Lot Size Acres: 0.33
Lot Size Dimensions: 0.33
Lot Size Square Feet: 14375

Gross Income: 4000.00

Number of Units: 6
Bedrooms in Unit-2: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-9: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-9: 1
Unit 1 Total Actual Rent: 750
Unit 2 Total Actual Rent: 700
Unit 3 Total Actual Rent: 600
Unit 5 Total Actual Rent: 550
Unit 7 Total Actual Rent: 700
Unit 9 Total Actual Rent: 700

High School: East Ridge

Elkhorn City Elementary School is a public elementary and middle school located approximately 0.4 miles away.
directions icon Map directions

East Ridge High School is a public high school located approximately 4.8 miles away.
directions icon Map directions

Source Listing Status: Active
County: Pike
Directions: From Pikeville, Walmart intersection, Rt. 119 & US 23, take Rt. 80 toward Elkhorn City, in city, turn right on Rt. 197, proceed approx. 1/4 mile to property on right - Current RFG, LIGHT, AND DREAM CENTER.
Source Property Type: Residential Income
Zoning: Commercial
Property Subtype: Mult-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$60,000
$854
2021$unknown + $unknown
$60,000
$856
2020$unknown + $unknown
$60,000
$858
2019$unknown + $unknown
$60,000
$860
2018$unknown + $unknown
$60,000
$1,433
2017$unknown + $unknown
$60,000
$4,361
2015$unknown + $unknown
$50,500
$532
2015$unknown + $unknown
$60,000
$532
2013$unknown + $unknown
$50,500
$500
2010$42,500 + $8,000
$50,500
$502
2005$unknown + $unknown
$101,000
$631
2005$unknown + $unknown
$50,500
$631

Price Changed 2024-04-22
$525,000
BigSandy
Listed 2024-02-23
$549,000
BigSandy
Sold 2006-06-01
$101,000
Public Record

Sewer: Public Sewer
Water Source: Public

Attic: Access Only
Building Exterior Type: Block, Brick
Roof: Metal
House Style: 2 Story
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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.