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$399,000   Price Analysis
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267 269 Peach Orchard Dr
Pikeville, KY 41501
8 bed 12 bath 4,800 SqFt ($83/SqFt)
1.5 acre lot. Built 1997
Listed 2023-08-12		✓ USDA Eligible
near Pikeville, KY
 Restrictions may apply
due to home size

INVESTMENT OPPORTUNITY!

* Sale Pending *

Four rental units in place and land with space available to build additional units. Each unit has living room, kitchen, dining area, utility area, half bath, two bedrooms with full baths attached. Each unit also has a rear deck with a nice, private view over the hillside.

Three tenants have completed their one year lease and are currently on a month-to-month basis. Unit 1 has one year lease. The prperty also includes the ball court at the top of the hill, proceeds down the hill to include parking area. One storage building behind Units 7and8 is included. Property extends over the hillside.


Presented by Teresa Jean Trivett at
Cornerstone Real Estate Group, Llc.
Listing Agent Photo

Property MLS #118996 from BigSandy

Bedrooms: 8

Ceiling Fans
Window Features: Insulated

Dryer
Refrigerator
Stove
Washer

Basement Features: Crawl Space

Cooling Features: Central
Heating Features: Electric

Full Bathrooms: 12

Asphalt Drive
Patio And Porch Features: Deck

Lot Size Acres: 1.5
Lot Size Dimensions: 1.5 acres
Lot Size Square Feet: 65340

Gross Income: 3200.00

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 2
Total Bathrooms in Unit-1: 2.5
Total Bathrooms in Unit-2: 2.5
Total Bathrooms in Unit-7: 2.5
Total Bathrooms in Unit-8: 2.5
Unit-1 Square Feet: 1200
Unit-2 Square Feet: 1200
Unit-7 Square Feet: 1200
Unit-8 Square Feet: 1200
Unit 1 Total Actual Rent: 900
Unit 2 Total Actual Rent: 725
Unit 7 Total Actual Rent: 725
Unit 8 Total Actual Rent: 800

High School: Pikeville

Pikeville Elementary School is a public elementary school located approximately 1 miles away.
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Pikeville High School is a public middle and high school located approximately 1.1 miles away.
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Christ Central School is a private elementary and middle school located approximately 1.2 miles away.
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Source Listing Status: Pending
County: Pike
Directions: From the intersection of US 23 & 119, take US 23 South, take exit 24, continue on Hambley Blvd., turn left onto Julius Avenue. Go to top of the hill and turn left onto Peach Orchard Drive. Proceed past Mountain Top Media to top of hill. SIY
Source Property Type: Residential Income
Source Neighborhood: PEACH ORCHARD
Subdivision: PEACH ORCHARD
Property Subtype: Mult-Family
Source System Name: C2C

Listed 2023-08-12
$399,000
BigSandy

Year Built: 1997
Building Exterior Type: Vinyl Siding
Property Age: 27
Roof: Metal
House Style: 2 Story

Sewer: Public Sewer
Water Source: Public
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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.