Downtown Harrodsburg Multifamily

Multi-Family for Sale
Catylist Listing ID: 30664440
Property Subtypes: Duplex/Fourplex
Number of Units: 3 Units
Building Size (RSF): 2,700 SF
Gross Building Area: See Agent
Sale Price: $199,000
Unit Price: $66,333.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/10/2020

Overview / Comments

Harrodsburg, Ky is the county seat of Mercer Co, and is under 40 miles from Lexington, Ky.
Seller wishes to sell 3 properties as a portfolio, but they are cherry-pickable. Perfect opportunity for local investor or owner user of any of the properties.
130-134 N Main is located in the heart of downtown. With a convenient and rented office ($450/month), seller recently updated the remaining multi—family units with new flooring, bathrooms, and more. (Unit 132 — $650/month, Unit 134 — $610/month)
Historic 110 W Poplar is conveniently located downtown office building with hardwood floors. Currently vacant and for lease at $700/month.
319 Cornishville has 2 multi-family units leased for $650/month and $550/month, with recent improvements.
Please inquire with agent for P&L's on the property.

Additional Details

Nearest MSA: Lexington-Fayette
County: Mercer
Tax ID/APN: 100.10-03028.00
Zoning: COMMERCIAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,234 9,804 15,833
Median Age: 42.49 39.7 39.96
Households: 566 4,120 6,250
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