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$399000   Price Analysis
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4950 S Highway 1009
Monticello, KY 42633
Unknown bed 10 bath 12160 SqFt ($32/SqFt)
8.0 acre lot. Built 1964
Listed 2024-06-25, Taxes $759
USDA Eligible
near Monticello, KY
 Restrictions may apply
due to home size

Drastic Reduction !!

Unbelievable Buy at this Brand new Price! Be sure to check out this unique opportunity in this appealing property. Solidly built as an elementary school in the early 1960's, this building has been beautifully renovated into a residential property with 10 separate units, all under one roof. For over 10 years, the current owners have painstakingly converted the property to a showplace you have to see! There are (3) 2-bedroom Apts with 2 car garage, 1 bedroom apt wth 2 car garage and 6 other studio units. 4-units that have additional storage, in addition to tons of attic storage. All units have a doorway to the outside, along with an interior hallway that runs the length of the building. There is a common kitchen and dining area along with several storage bays. Most of the furnishings and appliances stay. Outside is a storage building and barn, all on an 8-acre tract. The owners are in the process of installing an electric vehicle charging station. The mountain views are incredible!

Think of possibilities here; a bed and breakfast, a 10-unit apartment or condo building, a rehabilitation center or a place to house your whole extended family a nd friends.


Presented by John Dick at
Access Realty.


Property MLS #23018025 from BLUEGRASS

Total Bathrooms: 10.00
Full Bathrooms: 10

Cooling Features: Electric, Zoned
Heating Features: Electric, Zoned

Lot Size Acres: 8.0
Lot Size Square Feet: 348480

Parking Features: 11 - 20 Spaces, Gravel, Open

Elementary School: Wayne Co
High School: Wayne Co
Middle School: Wayne Co
School District: Wayne County - 70

Walker Elementary School is a public elementary school located approximately 9.6 miles away.
directions icon Map directions

Wayne County Middle School is a public middle school located approximately 9.8 miles away.
directions icon Map directions

Wayne County High School is a public high school located approximately 9.9 miles away.
directions icon Map directions

Security System

Number of Units: 10

Source Listing Status: Active
County: Wayne
Directions: Leaving Monticello going West on KY 90, travel around 8 miles and turn left on 1009S. Travel around 5 miles to property on the right.
Source Property Type: Multi-Housing
Area: 070 - Wayne County
Source Neighborhood: Rural
Subdivision: Rural
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$54800 + $25000
$79800
$759
2021$54800 + $25000
$79800
$765
2020$54800 + $25000
$79800
$774
2019$54800 + $25000
$79800
$774
2018$54800 + $25000
$79800
$772
2017$54800 + $25000
$79800
$777
2016$54800 + $25000
$79800
$735
2015$54800 + $25000
$79800
$738
2014$54800 + $25000
$79800
$726
2010$54800 + $25000
$79800
$663
2009$65900 + $40000
$105900
$864

Listing removed 2024-06-26
$0
BLUEGRASS
Listed 2024-06-25
$399000
BLUEGRASS
Listed 2024-04-05
$524000
BLUEGRASS
Sold 2009-07-01
$79800
Public Record
Sold 1995-07-01
$59850
Public Record

Total Square Feet Living: 12160
Property Age: 60
Roof: Metal
Levels or Stories: One
Structure Type: Apartments
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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.