Investor Opportunity! W/ 2 acres of ground. OWNER FINANCING AVAILABLE AT 6% WITH ACCEPTABLE TERMS. Perfect for residential with a condition use permit as well as professional office building/venue or conference room for meetings. 2 to 4 Professional offices have been updated can be rented now or can be converted to apartments. Room to build all around! Vacant lots included have numerous possibilities. The main part of the school has been emptied and broom cleaned. Only one room needs ceiling and floor repair. The rest of the rooms are huge and could be studio apartments or professional offices with lots of parking! Such a great opportunity and part of the work has already been done! Offices could be started ASAP. Offices are 40 x 26 in sizes. In the school area, any asbestos has been removed and removed correctly. Separately is one lot fronting N. Franklin Ave., Dr. that does not have the medical profession restrictions that this property has. Call Cindy for your private tour!
For sale
$725,000
123 Waddill Ave, Madisonville, KY 42431
--beds
--baths
21,800sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$33/sqft
$-- HOA
What's special
Professional officesStudio apartments
- 101 days
- on Zillow |
- 189 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2025 at 08:23pm
Listed by:
270-871-9954,
Coldwell Banker-Terry
Source: MHCBOR,MLS#: 116634
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Forced Air, Hot Water, Natural Gas
Cooling
- Central Electric
Appliances
- Included: Other-See Remarks, Electric Water Heater
- Laundry: Main Level
Features
- Windows: Other-See Remarks
Interior area
- Total structure area: 21,800
- Total interior livable area: 21,800 sqft
Video & virtual tour
Property
Parking
- Parking features: Blacktop
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Handicap Access
Lot
- Size: 2 Acres
- Dimensions: 2.0 Acres
- Features: Landscaped
Details
- Zoning: C
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition,Rolled/Hot Mop,Other
Condition
- Year built: 1920
Utilities & green energy
- Electric: Combined Electric Meters, 220 Volts
- Gas: Combined Gas Meters
- Sewer: City Sewer, City Water
- Water: Combined Water Meters
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Security System
Location
- Region: Madisonville
Financial & listing details
- Price per square foot: $33/sqft
- Date on market: 1/15/2025
- Tenant pays: Other
- Electric utility on property: Yes
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