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For sale
  • Price cut: $30K (4/18)
    $399,000

    240 E Main St, Mount Vernon, KY 40456

    --beds
    0baths
    --sqft
    : 
    Apartment
    Built in 1976
    -- sqft lot
    $384,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious blacktop parking lotLarge completely fenced-in backyard
    Prime Rental Investment Opportunity in the Heart of Mount VernonLooking for a lucrative investment in a prime location? This 5-unit apartment complex being completely rented and located on Main Street in the heart of Mount Vernon is a rare find!Property Features:3 Units: 1 Bedroom, 1 Bath 1 Unit: 2 Bedrooms, 1 Bath1 Unit: 3 Bedrooms, 1 BathFull basement currently rented, with potential to convert into a large apartment or office space for added income.Updated Central heat and air units, plus City water and sewer services provide convenience and reliability.A large, completely fenced-in backyard, perfect for tenants seeking outdoor space.A spacious blacktop parking lot offers ample parking for all residents. Prime Location:Situated on Main Street, this property is in the heart of town, offering tenants easy access to local shops, restaurants, and amenities. This desirable location ensures low vacancy rates and steady rental income.With its versatility, prime location, and untapped potential in the basement, this property is a fantastic opportunity for seasoned investors or those just starting their real estate journ
    106 days
    on Zillow
    |
    186
    |
    6
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    Zillow last checked: 7 hours ago

    Listing updated: April 18, 2025 at 05:06am

    Listed by:

    M Matthew Silcox 606-308-2339,

    Weichert Realtors - Ford Brothers

    Source: Imagine MLS,MLS#: 25000510MLS Logo
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    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 240 E Main St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Heat Pump
    Cooling
    • Heat Pump

    Property

    Parking
    • Parking features: 11 - 20 Spaces, Paved, On Site
    Lot
    • Size: 0.35 Acres
    Details
    • Zoning description: N/A

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Roof: Shingle
    Condition
    • Year built: 1976

    Utilities & green energy

    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Downtown
    Location
    • Region: Mount Vernon

    Financial & listing details

    • Date on market: 1/10/2025
    • Listing terms: Cash,Sale,Conventional
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