HELLO, CONVENIENCE! This little gem nestled on N 8th Street in Murray is ideal for MANY, making it a fantastic investment property! The interior of each side mirror each other; they offer beautiful hardwood flooring, updated bathrooms, separate utility closets, separate access to the back deck, and more! This location is very desirable to many, due to proximity to parks, shopping, hospital, and schools (including Murray State University)!
INVESTMENT OPPORTUNITY- Side A is a 1 bedroom 1 bathroom unit. Side B is an efficiency style apartment with a loft bed area.
Opportunity awaits! This 3-unit apartment complex is perfect for savvy investors looking for their next project. Distressed and in need of TLC, this property sits on a deep lot, offering tons of potential for renovation, expansion, or redevelopment. With the right vision, this property could shine again and provide strong rental income. Donâ??t miss out on this incredible investment opportunity! Property is being Sold in AS IS condition. This is a Foreclosed property.
904 Coldwater Road. This is a multi-family investment property that is in close proximity to Murray State University. B-2 Zoning. The property spans approximately 0.70 acres, featuring 252 ft. of frontage on Coldwater Rd and 129 ft. on Pa The property spans approximately 0.70 acres, featuring 252 ft. of frontage on Coldwater Rd and 129 ft. on Park St. There are a total of 11 multi-family units. The multi-family units include (5) 2BD/1BA units, (4) 1BD/1BA units and (2) studio units.
Investment Opportunity located near the Murray State Campus. Two of the four units have been updated and two of the units have had long term tenants. All units have their own laundry area that is out in the parking section of the duplexes. Each unit does have a carport area. Units contain 2 bedrooms and 1 bath.
4-PLEX that is very well cared for with 2 units with 2 bedrooms and 2 units with 3 bedrooms. Flooring is upgraded, all units have appliances furnished and many of the walls and ceilings updated. Complex was built with an owner living in one of the units which would be a great opportunity for the new owner to secure owner occupant financing instead of invertor rates. The property is zoned R-5 and there are 2 extra lots included with property. The City of Murray zoning guidelines are attached. All units are separated by a firewall that goes through the attic to the roof. Tenant and rental history are available.
Seize this unique multi-family housing opportunity in Calloway county! Formerly college housing, this property is ripe for conversion into student or single-person accommodations. The main building features 24 potential bedrooms, most with closets already installed! Downstairs features a full kitchen, 2 bathrooms, bedrooms & communal living/dining areas. Upstairs features additional bedrooms, two baths a kitchenette & common spaces. The rear building adds 6 more bedrooms, a kitchen, two bathrooms, and a central common area. Plus, a detached 4-bed, 3-bath house with a basement & attached garage offers flexibility to rent by room or as a whole. There is a vacant lot in between for further expansion or development. Ideal for income generation!
The median home value in Murray, KY is $163,400. This is higher than the county median home value of $154,700. The national median home value is $338,100. The average price of homes sold in Murray, KY is $163,400. Approximately 33.66% of Murray homes are owned, compared to 47.95% rented, while 18.39% are vacant. Murray 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 Murray real estate agent to arrange a tour today!
Murray, Kentucky 42071 has a population of 17,241. Murray 42071 is more family-centric than the surrounding county with 29.37% of the households containing married families with children. The county average for households married with children is 28.78%.
The median household income in Murray, Kentucky 42071 is $35,966. The median household income for the surrounding county is $44,534 compared to the national median of $69,021. The median age of people living in Murray 42071 is 25.6 years.
The average high temperature in July is 88.8 degrees, with an average low temperature in January of 26.9 degrees. The average rainfall is approximately 54.4 inches per year, with 6.5 inches of snow per year.