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3097 Pine Top Road

London, KY 40741
  • $139,900
  • STATUS: Active
  • ON SITE: 136 Days
  • MLS #: 23019542
UPDATED: 6 min ago
$139,900
  • 3
    BEDS
  • 0.54
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 1,040
    SQFT
  • $135
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

This unique property offers investors the opportunity to purchase a home & apartment building, both need renovated. Home is a spacious ranch with a full walk-out basement. The basement was gutted after the upper-level laundry room flooded. It previously included a living room, three bedrooms, a full bathroom, and a kitchen. This area could be converted into an apartment for additional income. The apartment building has one unit on the upper level. The stairs & decking to the apartment need to be replaced so listing agent has not been able to view the unit. Lower level used for storage but could be renovated turned into a lower unit apartment. Property in a great location, just minutes from exit 41. making it a desirable investment opportunity. Investors can choose to renovate & rent out home with a basement apartment as well as the apartment building, or convert the property into a single-family home. This property is being marketed by a real estate broker who has a guaranteed purchase contract with the owner. Will not qualify for government backed loans. Must be cash purchase or conventional loan. Contact the listing agent for more information & to schedule viewing.

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Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Vanessa Vale Team | Keller Williams Bluegrass are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
www.vanessavale.com/homes/144208587
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3097 Pine Top Road London, KY 40741

  • Price: $139,900
  • Status: Active
  • On Site: 136 Days
  • Updated: 6 min ago
  • MLS #: 23019542
3
Beds
1
Baths
1
½ Baths
0.54
Acres
1,040
SQFT
$135
$/SQFT
1974
Built
Neighborhood:
Rural
County:
Laurel
Area:
Laurel County
Elementary School:
Colony
Middle School:
North Laurel
High School:
North Laurel
School District:
Laurel County
Property Description
This unique property offers investors the opportunity to purchase a home & apartment building, both need renovated. Home is a spacious ranch with a full walk-out basement. The basement was gutted after the upper-level laundry room flooded. It previously included a living room, three bedrooms, a full bathroom, and a kitchen. This area could be converted into an apartment for additional income. The apartment building has one unit on the upper level. The stairs & decking to the apartment need to be replaced so listing agent has not been able to view the unit. Lower level used for storage but could be renovated turned into a lower unit apartment. Property in a great location, just minutes from exit 41. making it a desirable investment opportunity. Investors can choose to renovate & rent out home with a basement apartment as well as the apartment building, or convert the property into a single-family home. This property is being marketed by a real estate broker who has a guaranteed purchase contract with the owner. Will not qualify for government backed loans. Must be cash purchase or conventional loan. Contact the listing agent for more information & to schedule viewing.
Exterior Features

Parking 1 - 5 Spaces Roof Metal Stories Two Structure Type ApartmentsDuplex

Interior Features

Heating Electric

Property Features

Current Zoning Rural Intermediate School Not Applicable Lot Expansion Potential No Possession Negotiable Tax Rate 7.96 per thousand

Bluegrass REALTORS® logo Listing provided courtesy of Tonya Freeman of Freeman Brothers Realty LLC: (606) 620-9093 . Listing information © 2024 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.
Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Vanessa Vale Team | Keller Williams Bluegrass are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
 
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Vanessa Vale Team | Keller Williams Bluegrass
1908 Bryant Rd, STE. 250
Lexington KY, 40509