ATTENTION INVESTORS!! Great ROI!!!Check out this AMAZING opportunity!!! 1 Commercial unit in the front and 3 apartments in the back! All are currently rented and income producing! This is in a prime location right behind Arby's in Russell Springs, KY! Apartment #1: One bedroom/1bath....Apartment #2: Two bedroom/1bath....Apartment #3: Two bedroom/1bath. All units have been renovated including the front unit, the commercial unit up front. Commercial building has a newer HVAC unit. Commercial sq ft is believed to be 1500-1700 sq ft with one bathroom. To be verified by buyer. All apartments and commercial unit have separate HVAC units. Water is currently all on one bill for apartments and commercial.Apartment # 1: $750.00 (2br)Apartment #2: $700 (2br)Apartment #3: $650.00 (1br)Commercial unit: $600.00 (commercial)Total rental income is $2,700.00 total per month with potential to go up!! Great ROI property for an investor to pick up!!!
Ready to start that business or relocate your current one? Take a look at this 6000 Sqft. Commercial space featuring a brand new monitored fire alarm system, all new plumbing (pvc pipe was replaced with pex line), new electrical, a stunning tiled shower room and more. This space already has a kitchen area in place, several closet/storage areas and 6 fully functioning bathrooms. Steel trusses from one side to the other in the ceiling, city water and sewer, 4 electric meters, 4 HVAC units, new roof on one side and roof is less than 4 years old on the other side. All water heaters in the building convey. The potential is endless, as you could operate multiple businesses with this one. Blacktop parking offering 35-40 spaces for your customers. Motivated Sellers.
LOCATION! LOCATION! LOCATION! This property is 2.3 m/l acres located just off 127. This land is centrally located next to the new Hardee's, multiple businesses, Russell County High School, and near the Industrial Park. Take a look today, with a location like this the property will not last long.
Eagle's Nest RV Park for sale...17 rental sites with room to expand plus an Airbnb cottage included on 2.94 acres. Super location in south central Kentucky on US Hwy. 127 only 6 miles to Lake Cumberland. This family owned operation has many happy repeat customers and always welcoming more new travelers/vacationers to one of the most beautiful and popular regions in Kentucky. This park is minutes from the Lake and the Cumberland River for great trout fishing as well as the Wolf Creek National Fish Hatchery and the Lake Cumberland State Resort Park plus many other points of interest. The 2 bedroom Airbnb has been carefully updated for visitors and is taking reservations. You'll love the quaint nature of the cottage. Come make this area your new home and live on the RV Park or in the cottage and invest in a popular industry. The spirit of adventure with a camper or motorhome is alive and well... be the destination... with almost 12 million households having an RV... it makes since to own this RV Park.
Looking for the perfect industrial or warehouse space for your small to medium sized business? Look no further than this impressive building in Russell Springs, Kentucky. Located just off the Cumberland Parkway and near thriving industrial parks and businesses in town, this property offers an unbeatable location. The building itself is an expansive 150 ft by 52 ft, with an attached garage measuring 48 feet by 36 feet and boasting two oversized garage doors. Inside, you'll find office space, bathrooms, a kitchen, and even a conference room, making it the ideal space for a wide range of businesses, from manufacturing and distribution centers to online stores and car body and paint shops. Currently being used to restore classic boats, this versatile property is sure to meet your needs, no matter what industry you're in. And with city sewer, water, and high-speed internet already in place, you can rest easy knowing that your business operations will run smoothly. This property sits on a spacious 1.2-ac lot, with an additional .9-ac behind the main building that has already been graded. There's plenty of room for expansion, making this an investment you won't regret. Lease available!
The median home value in Russell Springs, KY is $235,000. This is higher than the county median home value of $121,700. The national median home value is $338,100. The average price of homes sold in Russell Springs, KY is $235,000. Approximately 36.19% of Russell Springs homes are owned, compared to 44.92% rented, while 18.89% are vacant. Russell Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Russell Springs real estate agent to arrange a tour today!
Russell Springs, Kentucky has a population of 2,657. Russell Springs is less family-centric than the surrounding county with 15.32% of the households containing married families with children. The county average for households married with children is 22.13%.
The median household income in Russell Springs, Kentucky is $31,307. The median household income for the surrounding county is $41,851 compared to the national median of $69,021. The median age of people living in Russell Springs is 41.6 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 24.6 degrees. The average rainfall is approximately 51.7 inches per year, with 11.8 inches of snow per year.