MAJOR PRICE REDUCTION! We've just dropped the price on this amazing investment opportunity that combines immediate cash flow with significant expansion potential. Unlock the potential of this prime 3.67 acres, fenced, and already featuring 2 duplexes with 4 units, offering a total of 7 bedrooms, 4 full baths along with 3 half baths. Each unit is equipped with kitchen appliances and a mix of durable hardwood, tile, and vinyl flooring. All units are currently occupied, ensuring immediate rental income. This unique property offers no restrictions and the convenience of sewer access, allowing for the addition of more units or mobile homes maximizing your investment and rental income. An older gray stone building on-site, 80 x 56 for a total of 8960 sq ft, presents an opportunity for remodeling, potentially generating even more income. Additionally, 2 storage buildings are available, providing extra space for tenants or your own storage needs. With its spacious vacant land, prime location, easy access to local amenities, and on a reliable sewer system, this property is perfect for savvy investors looking to capitalize on the growing rental market.
Multi-familyProperty Type
3.67 acresLot Size
$92Price/Sq.Ft.
35 spacesParking
Listed by Connie Hunt• CENTURY 21 Advantage Realty
Bought with Nancy Hibbitts• CENTURY 21 Advantage Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Vacant Land
County
Laurel County
APN
0039000005900
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Oct 10, 2023.
Property details
Parking
Parking Information
Parking Features: On Site, Paved
Interior
Bathroom Information
Bathrooms (Full): 4
Bathrooms (1/2): 3
Heating & Cooling
Has Heating
Heating: Heat Pump
Cooling: Heat Pump
Exterior
Exterior Features
Roof: Metal
Lot Information
Lot Size Square Feet: 159,865
Lot Size Acres: 3.67
Zoning Description: none
Property Information
Structure Type: Duplex
Stories (Total): 1
Building Information
Building Area Total: 2,768
Financial
Tax Information
Parcel Number: 039-00-00-059.00
Utilities
Utility Information
Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Location
Multi-Unit Information
# of Units Total: 4
VacancyAllowanceRate: 100.0
School Information
Elementary School: East Bernstadt
Middle Or Junior School: North Laurel
High School: North Laurel
High School District: Laurel County - 44
Location Information
County Or Parish: Laurel
Directions: From State Police Post, take N Laurel Rd .8 miles to Bullock Rd on right. In .4 turn left on Slate Lick Rd. In about 800 ft, 6000 Slate Lick property is on right.
Subdivision Name: Rural
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Laurel County
APN: 0039000005900
Home facts updated by county records on Oct 10, 2023
Around this home
Schools
Some nearby schools may not be within this home's attendance zone. Please check the Laurel County School District website to verify.
Laurel County Virtual Academy
Public K-12 • 2.2mi
North Laurel High School
Public 9-12 • 1.8mi
4/10
East Bernstadt Elementary School
Public PreK-8 • 2.0mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 100° expected this year, 20 days in 30 years
2/10 Wind Factor
3% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
London, KY • 40741
Average low and high temperatures (°F)
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30
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77
58
69
47
58
40
48
32
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Sun exposure
In this area, properties receive around 8.7 hours in
June and 3.6 hours in December, placing it below the
U.S. average for solar exposure.
8.7 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
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