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
For sale
Price cut: $30K (4/18)
$399,000
240 E Main St, Mount Vernon, KY 40456
--beds
0baths
--sqft
Est.:
Apartment
Built in 1976
-- sqft lot
$384,700 Zestimate®
$--/sqft
$-- HOA
What's special
Spacious blacktop parking lotLarge completely fenced-in backyard
- 106 days
- on Zillow |
- 186 |
- 6 |
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#: 25000510

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Tour with a buyer’s agent
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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