London KY Multi Family for Sale
$1,944,000
850 Parkside Road London, KY 40744
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 51.81 Acres
- Baths:
- MLS#:
- 24017866
- Subdivision:
- Rural
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Courtesy: Kentucky Wide Realty
859-224-4343
ADDITIONAL INFORMATION
Beautiful 51.80 acres, 5 rental homes, tobacco barn and 28 stall horse barn. This land is perfect for a development. The land lays perfectly for this. Great location between London and Corbin Ky. Located just off Hwy25 and hwy 1189. All rentals are presently month to month so rent can be increased at new owners discretion. This is an estate sale and Real Estate Broker is a Co-owner. This property has a cap rate of almost 4% if purchased at the listing price. Could be much more if rent is increased.
$219,000
4452 S Laurel Road London, KY 40744
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.48 Acres
- Year built:
- 1994
- Baths:
- 2.00
- MLS#:
- 24013641
- Subdivision:
- Rural
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Courtesy: CENTURY 21 Advantage Realty
606-878-0021
ADDITIONAL INFORMATION
Discover the perfect investment opportunity with this well-maintained duplex ideally located on the main highway in the highly sought-after South Laurel School District. Situated just 15 minutes from the interstate, and equidistant between London and Corbin, this property offers convenience and accessibility like no other. Each unit within this duplex features 2 bedrooms, 1 bathroom, and a eat-in kitchen area, providing comfortable living spaces for tenants. The large shared backyard offers ample outdoor space for relaxation and activities. Currently, both units are occupied with a steady rental income of $625 per month per unit, highlighting the attractiveness of this property as an income generator. Whether you're looking to expand your investment portfolio or searching for a property with great rental potential, this duplex presents a compelling opportunity. Don't miss out on this chance to own a lucrative piece of real estate in a prime location.
$360,000
221 E 4th Street London, KY 40741
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- 24009569
- Subdivision:
- City Limits
View additional info
Courtesy: CENTURY 21 Advantage Realty
606-878-0021
ADDITIONAL INFORMATION
Investment opportunity featuring 5 apartments in 3 separate buildings. Back two 3 story structures have 2 apartments in each, with 2 bed/1 bath. Front building, which once served as a beauty/barber shop, is an efficiency unit that had a build-out to accommodate Highlands Diversified company. Offer kitchen and laundry hookup. Recently renovated to 3 apartments. Building on back left, 221 2/1, boasts a 3 yr old metal roof, newer vinyl windows, real hardwood flooring throughout. The back right building, 221 1/2, offer a newer roof, original hardwood and newly restored walk-out deck patio. Incredible opportunity for a Real Estate Investor!
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.
London Real Estate
The median home value in London, KY is $240,000. This is higher than the county median home value of $164,700. The national median home value is $338,100. The average price of homes sold in London, KY is $240,000. Approximately 49.69% of London homes are owned, compared to 38.21% rented, while 12.1% are vacant. London 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 London real estate agent to arrange a tour today!
London, Kentucky has a population of 7,492. London is less family-centric than the surrounding county with 27.78% of the households containing married families with children. The county average for households married with children is 28.65%.
The median household income in London, Kentucky is $41,795. The median household income for the surrounding county is $46,604 compared to the national median of $69,021. The median age of people living in London is 39.8 years.
London Weather
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 48.4 inches per year, with 9.7 inches of snow per year.