Mixed-Use Land for Sale in Russell Springs, Kentucky

346 Dowell Rd Russell Springs, KY 42642

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$249,000
0.4 acres
Active sale agoEst $1,806/mo

ATTENTION INVESTORS!! Great ROI!!!

Check out this AMAZING opportunity!!! 1 Commercial unit in the front and 3 apartments in the back! All are currently rented and income producing! This is in a prime location right behind Arby's in Russell Springs, KY! Apartment #1: One bedroom/1bath....Apartment #2: Two bedroom/1bath....Apartment #3: Two bedroom/1bath. All units have been renovated including the front unit, the commercial unit up front. Commercial building has a newer HVAC unit. Commercial sq ft is believed to be 1500-1700 sq ft with one bathroom. To be verified by buyer. All apartments and commercial unit have separate HVAC units. Water is currently all on one bill for apartments and commercial.

Apartment # 1: $750.00 (2br)

Apartment #2: $700 (2br)

Apartment #3: $650.00 (1br)

Commercial unit: $600.00 (commercial)

Total rental income is $2,700.00 total per month with potential to go up!! Great ROI property for an investor to pick up!!!

Directions

Cumberland Parkway to Russell Springs exit. Property is located on Dowell Street on the right, right behind Arby's in Russell Springs.

Location

Street Address
346 Dowell Rd
Elevation
1,089 feet
Coordinates
37.0604, -85.0668

Property details

Zoning
Commercial
MLS Number
LBAR 24022695
Date Posted

Parcels

  • 044-00-00-060.02

This 0.4-acre property is located at 346 Dowell Rd in Russell Springs, KY 42642 with latitude 37.0604 and longitude -85.0668. The property is currently available for sale for $249,000 with a price per acre of $622,500. Listing data is sourced from Lexington-Bluegrass Association of Realtors # 24022695.

Verify sale details at the property source or contact Keller Williams Commonwealth - Somerset at (859) 721-2121.

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Copyright (C) 2024 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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