202 S College Street Harrodsburg, KY 40330
Other
MLS #: 26001844
Courtesy Of RM McGinnis, LLC Real Est & Auction Professionals
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Amenities: Security System
- Cooling System: Window Unit(s)
- Exterior Type: Stucco
- Floors: 3
- Heating System: Hot Water(Heating)
- Heating System: Steam
- Heating System: Natural Gas
- MLSID: 26001844
- Parking Spaces: 5
- Roof Type: Metal
MAP & DIRECTIONS
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