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Ty Brown

tysellshouses@gmail.com +1(859) 619-7234

$ 449,000

8,008 SqFt

Save

$ 449,000

Save

8,008 SqFt

Key Details

Property Type Vacant Land

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 8,008 sqft

Price per Sqft $56

Subdivision Downtown

MLS Listing ID 26001844

Year Built 1910

Lot Size 8,160 Sqft

Acres 0.19

Property Sub-Type Hotel/Motel

Property Description

Back on Market - Motivated Seller! 19-Unit Income Property in Downtown Harrodsburg Approx. 8,000 sq ft income-producing building generating around $8,900 per month in gross rent. Originally constructed as a hospital and converted to apartments in the 1950s; current ownership since 1996. Well maintained and turnkey: new roof 2024, updated plumbing/electrical, no known major deferred maintenance. Historically ~90% occupancy with reliable rent roll; primarily elderly tenants on Social Security for stable income. Gas boiler heat, window A/C units, 300-amp electrical service, street parking available. Local property management available. Flexible layout for future improvements or redevelopment. Sold as-is. No seller financing. Seller needs clean exit. Previously under contract for most of its listing period — now available again.

Location

State KY

County Mercer

Zoning B-2

Interior

Heating Hot Water, Natural Gas, Steam

Cooling Window Unit(s)

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N N

Roof Type Metal

Handicap Access No

Private Pool No

Building

Sewer Public Sewer

Others

Special Listing Condition Standard

Imagine MLS / Bluegrass Association of REALTORS (LBAR)

Listed by RM McGinnis, LLC Real Est & Auction Professionals

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(859) 619-7234

tysellshouses@gmail.com

222 East Witherspoon St 1st Floor Louisville, KY 4, Louisville, Kentucky 40202, USA

202 S College Street Harrodsburg, KY 40330

Ty Brown

Key Details

Location

Interior

Exterior

Building

Others

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202 S College Street