Address
17800-North US Highway 119, Cumberland, KY
Price
$ 100,000
Property Attributes
- MLS#23017872
- TypeMulti-Family
- CountyHARLAN
- CityCumberland
- Area086 - Harlan County
- Zip40823
- Style
- Price$ 100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size3.75 Acres
Data Source:
Bluegrass REALTORS®
Property Description
Discover an exceptional investment opportunity in the heart of Cumberland, Kentucky! This unique property portfolio features a total of 8 vacant manufactured homes and 2 occupied single-family residences, presenting an enticing prospect for savvy investors. With a previous Annual NOI of $42,373.08 when all occupied, this investment promises substantial returns. Each of the 2 single-family homes bring in $500 per month.One of the standout features of this opportunity is the tenant's responsibility for their own water bills, as each property is equipped with city water meters. This not only streamlines property management but also ensures consistent cash flow. Furthermore, the property boasts a monthly tax bill of just $43.91. With additional advantages like monthly security lighting and cameras for added safety at $150, and yard maintenance at $300, this investment package offers a compelling blend of financial stability and growth potential. Don't miss your chance to seize this lucrative investment opportunity in Cumberland, KY - it's a wise choice for investors seeking reliable returns and long-term value.
| Price History | |
|---|---|
| 9/14/2023 | Listed $245,000 |
| 9/15/2023 | 19% - $200,000 |
| 9/28/2023 | 50% - $100,000 |
General Features
| # of Buildings | Ten |
|---|---|
| Area | 086 - Harlan County |
| City | Cumberland |
| County | Harlan |
| Directions | Located on the intersection of Hiram Hill Rd & Courson Trailer Park Rd |
| Geo Lat | 36.966241 |
| Geo Lon | -83.042894 |
| Property Type | F |
| Status | Active |
| Street Name | US Highway 119 |
| Subdivision | Rural |
| Tax Rate | 1 |
| Virtual Tour | https://youtu.be/OCrT4GIK0Tg |
| Year Built | 9999 |
Interior Features
| Stories | One |
|---|---|
| Total Baths | 0.00 |
| Unit Info: # Of Units | 10 |
Exterior Features
| Lot Size Acres | 3.7500 |
|---|---|
| Lot Size Square Feet | 163350.00 |
| Mls Identifier | 20180201170722572567000000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 40823
Price
Visits
Data last updated: October 4, 2023 6:22 PM UTC and updating occurs daily