$849,900    ♡   Morehead, KY 40351 14 bed 5 bath 10,500 SqFt ($80/SqFt) 0.4 acre lot. Listed 2023-10-04 | May be USDA loan restricted due to income limits near Morehead |
Over 10
500 Under Roof on 0.4 Acres with Road Frontage on KY 32 and Sun Street. 8 Residential Rentals and 2 Commercial Storefronts and Large Storage Area in Rear or Additional Rental. 5 - One Bedroom Apartments3 - Three Bedroom Units (Two have 2 Baths)2 - Commercial Spaces (Share One Restroom)1 - Large Warehouse Area behind Commercial Spaces Current Commercial Spaces are not leased and will be additional income.
Current Rental rates are low for Morehead area and can be increased. Commercial Real Estate in Morehead, KY rarely cmes available, so do not miss this Unique Opportunity.
Presented by Damon Ballinger at
C Roger Lewis Agency.
Property MLS #23019277 from BLUEGRASS
Full Bathrooms: 5
Heating Features: Combination, Electric, Forced Air, Natural Gas
Lot Size Square Feet: 17424
Middle School: Rowan Co
Map directions Map directions Map directions Map directionsCounty: Rowan
Directions: KY 32 next to Fire Station and Across street from former Rowan county middle school.
Source Property Type: Multi-Housing
Area: 061 - Rowan County
Source Neighborhood: City Limits
Subdivision: City Limits
Zoning: B 2
Source System Name: C2C
$849,900
BLUEGRASS
Roof: Membrane, Metal
Levels or Stories: Two
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.