Corbin KY Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.75 Acres
- Baths:
- 4.00
- MLS#:
- 24021857
- Subdivision:
- Rural
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Courtesy: CENTURY 21 Advantage Realty
606-878-0021
ADDITIONAL INFORMATION
Discover an exceptional investment opportunity with these two well-maintained duplexes, 4 total rental units perfectly situated on 0.75 acres. Each unit is currently rented long-term for $575 per month, boasting a remarkable 0% vacancy rate. This property offers not only consistent cash flow but also tremendous potential for short-term rentals, catering to the thriving tourism market in the area. Property highlights include a spacious 1,600 sq ft detached garage, perfect for storage or additional rental opportunities, ideal location at just 2 min to The Mint Gaming Hall Cumberland Run and 9 min to the hospital, I-75, shopping, restaurants, and the Corbin Arena; stable long-term rental income with possibility of short-term rental conversion, maximizing profitability. The property combines the benefits of a solid rental income with the versatility of location, making it a prime choice for savvy investors.
$930,000
21 Bates Lane Corbin, KY 40701
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 17
- Lot size:
- 5 Acres
- Baths:
- 11.00
- MLS#:
- 24021153
- Subdivision:
- Rural
View additional info
Courtesy: Weichert Realtors Ford Brothers, Inc.
606-679-2656
ADDITIONAL INFORMATION
A multi-unit complex with a house and six mobile or modular homes on approximately five acres A central access road connects all the units, leading to individual parking spaces for the main house and each mobile/modular home.storage or shared utility buildings for maintenance equipment or tenant use.This type of complex could offer a great mix of income from various tenants while providing a country or suburban setting, with enough space to ensure that residents aren't crowded but still part of a small community.
$70,000
7980 Bates Lane Corbin, KY 40701
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.33 Acres
- Baths:
- 2.00
- MLS#:
- 24019943
- Subdivision:
- Rural
View additional info
Courtesy: Weichert Realtors Ford Brothers, Inc.
606-679-2656
ADDITIONAL INFORMATION
This property features two separate mobile homes, each with 2 bedrooms and 1 bathroom, providing a great opportunity for rental income. Both homes are similar in layout, with two comfortable bedrooms, ideal for small families, couples, or individuals. The bathrooms are efficiently designed to meet the needs of tenants.These homes are ideal for long-term rentals or short-term stays, depending on the owner's goals.Currently, the total rental income from both homes is $1,000 per month, making this property an excellent investment opportunity for those looking for steady, reliable income. With two separate units, you can also benefit from dual occupancy, minimizing the risk of vacancy and maximizing potential returns.Homes do need some TLC
$1,600,000
0 Hilltop Drive Corbin, KY 40701
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 14.12 Acres
- Year built:
- 1985
- Baths:
- MLS#:
- 24016144
- Subdivision:
- Rural
View additional info
Courtesy: WEICHERT REALTORS - Ford Brothers
606-878-7112
ADDITIONAL INFORMATION
Discover your new investment opportunity. Welcome to this Exceptional Multi-housing property, a lucrative investment, featuring Five Spacious Duplexes, each unit is designed for comfort and modern living, offering ample space for everyone. One Quadplex offering the same space. Large Garage building Ideal for storage, workshop or additional rental income opportunities. 14 Surveyed Acres, explore the potential for expansion or developing green space. Prime location, Close to 25 E Cumberland Gap Parkway, this property boasts easy access to major roads and schools, making commuting and travel convenient for residents. Versatile Living Spaces, Investment Potential, Future Development.
$899,000
106 18th Street Corbin, KY 40701
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 1.11 Acres
- Baths:
- 4.00
- MLS#:
- 24016143
- Subdivision:
- City Limits
View additional info
Courtesy: USA Realty
606-521-0671
ADDITIONAL INFORMATION
PRIME BUSINESS OPPORTUNITY IN HIGH TRAFFIC AREA! Unlock limitless potential with this prime commercial opportunity in Corbin! Situated on 1.11 acres with 300 feet of road frontage on Cumberland Falls Highway located near the corner of Main Street, this property offers a strategic location for any business venture. Whether you envision office space, retail space, a restaurant, or a mixed-use development, this location is perfect. High visibility and accessibility ensure maximum exposure in a thriving community. It also includes three buildings with four fully occupied residential rental units, providing immediate income for the new owner. Two of these buildings are currently scheduled to receive brand new roofs which will provide added peace of mind. Don't miss out on this rare chance to establish your business in a growing area. Act now before it's too late!
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Lexington Bluegrass Multiple Listing Service. The Broker providing this data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Lexington Bluegrass Multiple Listing Service. All rights reserved.
Corbin Real Estate
The median home value in Corbin, KY is $206,000. This is higher than the county median home value of $127,000. The national median home value is $338,100. The average price of homes sold in Corbin, KY is $206,000. Approximately 46.93% of Corbin homes are owned, compared to 40.48% rented, while 12.6% are vacant. Corbin 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 Corbin real estate agent to arrange a tour today!
Corbin, Kentucky has a population of 8,397. Corbin is less family-centric than the surrounding county with 35.98% of the households containing married families with children. The county average for households married with children is 36.43%.
The median household income in Corbin, Kentucky is $45,307. The median household income for the surrounding county is $41,817 compared to the national median of $69,021. The median age of people living in Corbin is 37.7 years.
Corbin Weather
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 24.8 degrees. The average rainfall is approximately 49 inches per year, with 8.5 inches of snow per year.