$499,000 Price Analysis 475/500 Christy Creek RdMorehead, KY 40351 13 bed 12 bath 11,104 SqFt ($44/SqFt) 1.7 acre lot. Listed 2023-12-09 | ✓ USDA Eligible near Morehead, KY Restrictions may apply due to home size |
These 2 apartment buildings known formerly as the Mabry apartments are approximately 2 miles from MSU campus and has been serving the community and students alike for decades. This offer consist of 12 units. 475 Christy Creek has 7 - 1 BR/1 BA units and 1-2 BR/1 BA unit for a total of 8 Units and has gas , swer, water and electric paid by Landlord. Situated on .46 surveyed acres. 500 Christy Creek has 4 - 1 BR/1 BA units and water, electric, gas and septic. -paid by Landlord but has some separate meters if you wanted to put these 4 on tenant pay. Situated on 1.24 surveyed acres. Possible room for some more units and a possibility to hook those up on sewer-Buyer to verify with Utility Plant Board.Several of the units have had updates and their is still some work to do, but if you are handy and can do some work yourself-you might be able to add some equity for you!
Some maintenance equipment may stay with purchase.Allow a couple days for appointments to be set up but CALL QUICKLY.
Presented by Randy Newsome at
United Real Est Lexington KY.
Property MLS #23023333 from BLUEGRASS
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.