$500,000
Harrodsburg, KY 40330
MLS# 25002233
20 beds | 8 baths | 8008 sqft

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Property Description
Excellent income-producing property featuring 20 units generating $102,480 in annual rental income. Well-maintained and centrally located, this 8,008 sq. ft. building includes a mix of unit types with rents ranging from $340 to $1,200 per month. Utilities average $1,200-$1,500/month, with estimated annual operating costs of $15,000. Strong occupancy history and consistent cash flow make this a solid turnkey investment in the heart of Harrodsburg. Call to schedule showing today.
Details
Documents
Location Tax Legal Info
Street #: 202
Street Name: College
County: Mercer
State/Province: KY
Zip Code: 40330
Area: 011 - Mercer County
Subdivision: Downtown
Tax ID: 100.60-09003.00
Contract Info
Status: Active
Listing Date: 2025-02-07
Current Price: $500,000
Original List Price: 500000
Listing Price: 500000
General Property Description
Number of Buildings: One
Number of Stories: Three
# of Bedrooms: 20
# of Full Baths: 8
Total Baths: 8
Year Built: 1910
Approximate Living Area: 8008
Lot Size Acres: 0.187
Lot Size Square Feet: 8160
Lot Dimensions: 102x80
Lot Front Footage: 102
Lot Depth: 80
Lot Expan Potential: No
Non Conforming: No
ADA Accessible: No
Fire Code: Yes
Remarks Misc
Directions: On the corner of Curry Avenue and College Street.
Status Change Info
Status Change Date: 2025-03-04
Zoning
Current Zoning: Commercial
Miscellaneous
Age of Roof: 1
Utilities
Electricity: Electricity Connected
Natural Gas: Natural Gas Connected
Sewer: Sewer Connected
Water: Water Connected
Financial Info
Gross Scheduled Rental Income: 102480
Other Income: 1000
Total Gross Income: 100000
Net Operating Income: 80000
Real Estate Taxes: 2200
Electric: 750
Sewer & Water: 400
Other Expense (A): 400
Total Operating Expenses: 1550
Unit Info
# of Units: 19
# of Vacant Units: 1
Property Features
Terms: Cash; Conventional; Sale
Structure Type: Apartments
Roof: Metal
Parking: 1 - 5 Spaces
Heating: Baseboard; Natural Gas; Steam
Cooling: Window Unit(s)
Property Amenities: Security System
Listing Office: RM McGinnis, LLC Real Est & Auction Professionals
Last Updated: April - 14 - 2025

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