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$499,000   Price Analysis
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475/500 Christy Creek Rd
Morehead, 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

A piece of Morehead History.

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.
Listing Agent Photo

Property MLS #23023333 from BLUEGRASS

Bedrooms: 13

Total Bathrooms: 12.00
Full Bathrooms: 12

Lot Size Acres: 1.7
Lot Size Square Feet: 74052

Elementary School: Rodburn
High School: Rowan Co
Middle School: Rowan Co
School District: Rowan County - 61

Rowan County Senior High School is a public high school located approximately 4.1 miles away.
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Rodburn Elementary School is a public elementary school located approximately 0.4 miles away.
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The Craft Academy for Excellence in Science and Mathematics is a public elementary, middle and high school located approximately 1.6 miles away.
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Morehead Montessori is a private elementary school located approximately 1.8 miles away.
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Number of Units: 12

Source Listing Status: Active
County: Rowan
Directions: from downtown Moreheadturn left onto Wilkinson Blvd. go about 1.9 miles to Ky 32 (Christy Creek Road).Turn right onto Christy Creek and go .475 for the first building on the right and across the road is 500 Christy Creek building
Source Property Type: Multi-Housing
Area: 061 - Rowan County
Source Neighborhood: Rural
Subdivision: Rural
Source System Name: C2C

Relisted 2024-04-17
$499,000
BLUEGRASS
Listing removed 2024-04-10
$0
BLUEGRASS
Listed 2023-12-09
$499,000
BLUEGRASS
Listing removed 2023-10-07
$0
BLUEGRASS
Listed 2023-04-05
$499,000
BLUEGRASS

Total Square Feet Living: 11104
Levels or Stories: Two
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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.