Versatile and expansive 6,283 sq ft dwelling with detached garage located on a secluded 1.93 acre setting. Last used as a non-profit group living facility, this space is ideal for multifamily use, assisted care home, sober community living, or conversion to a single-family residence. The existing floor plan includes a private 6 bedroom / 3 bath residential wing, shared full kitchen & dining area with private office, large mudroom with massive pantry & utility room. Several additional offices, common areas and bathrooms could be re-configured to create addition separate living areas. Covered porches, a concrete patio for outdoor gatherings, and several private entrances offer a unique opportunity with endless possibilities for use.
Looking for an investment opportunity? Here you go!! Five (5) of the six (6) units are 2/1 and rent ranging from $640-$775. All tenants are current with no arrears. CAPEX are electrical upgrades in all units, new asphalt in parking lot, renovation to each unit, refurbished/new flooring throughout., repair/reinforced wood deck/steps and new windows. Come check out this investment and increase your rental portfolio or start new.
Beautiful & Historic Investment Property For Sale in Downtown Paducah. Located on the corner of 7th and Kentucky Ave, the Old Courthouse Station 4-Plex features two units with 3 bedrooms, 1 bath and two units with 2 bedrooms, 1 bath. Each unit is very spacious with approx. 1,000 sq ft living area and each having it's own balcony or covered porch area. One unit is leased for $800/month and two units lease for $1,000/month for total monthly income of $2,8000/month. One unit is available at $1,000. Tenants pay electric, nat gas, sewer, sanitation and owner pays water and common area electric. This historic building has lots of character and charm and is located in downtown Paducah close to shopping, restaurants and the Paducah Riverfront.
The median home value in Paducah, KY is $163,200. This is higher than the county median home value of $160,100. The national median home value is $338,100. The average price of homes sold in Paducah, KY is $163,200. Approximately 44.55% of Paducah homes are owned, compared to 40.35% rented, while 15.11% are vacant. Paducah 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 Paducah real estate agent to arrange a tour today!
Paducah, Kentucky 42003 has a population of 26,248. Paducah 42003 is less family-centric than the surrounding county with 26.62% of the households containing married families with children. The county average for households married with children is 27.22%.
The median household income in Paducah, Kentucky 42003 is $42,024. The median household income for the surrounding county is $53,366 compared to the national median of $69,021. The median age of people living in Paducah 42003 is 43.7 years.
The average high temperature in July is 89 degrees, with an average low temperature in January of 24.8 degrees. The average rainfall is approximately 48.6 inches per year, with 7.1 inches of snow per year.