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Off market
  • $321,300

    56 Pike Alley, Jamestown, KY 42629

    11beds
    --sqft
    Apartment Complex
    Built in 1970
    -- sqft lot
    $321,300 Zestimate®
    $--/sqft
    $1,042 Estimated rent

    What's special

    This Property is 100% occupied and located just off the square in downtown Jamestown KY, being only minutes from the gorgeous Lake Cumberland. The property presents investors with an excellent opportunity to acquire a cash-flowing multifamily asset that is both generating income and offering future upside opportunities through mark-to-market renewals. This apartment building has 7 apartments with four apartments being two bedrooms and one bath and three apartments having one bedroom and one bath, generating income yearly at $33,000. All apartments have stove, refrigerators, baseboard heating and window air conditioning all remaining with the building. the basement of the apartment building has a community utility room which has 2 coin fed washers and dryers. Several of the apartments have been recently updated with new flooring and new paint. Looking for a great investment opportunity or just wanting something to generate extra income? Call Today to schedule your viewing of this great investment property.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 7
    • Full bathrooms: 7
    Appliances
    • Laundry: Coin Operated, Separate Room
    Features
    • Walls (Dry Wall)
    • Basement: Walk-Out Access, Finished-Partial, Outside Entrance Ony

    Property

    Parking
    • Total spaces: 12
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.30 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment Complex
    Condition
    • Year built: 1970

    Utilities & green energy

    • Sewer: City
    • Water: City
    • Utilities for property: Separate Metered

    Community & neighborhood

    Location
    • Region: Jamestown

    HOA & financial

    Other financial information
    • Total actual rent: 2750

    Other

    Other facts
    • Roof: Shingle
    • HeatingYN: true
    • CoolingYN: true
    • TenantPays: Cable TV, Electricity, Sewer, Water, Deposit
    • ConstructionMaterials: Block, Brick
    • NumberOfUnitsTotal: 7
    • FoundationDetails: Block
    • OwnerPays: Grounds Care
    • NumberOfBuildings: 1
    • FarmLandAreaUnits: Square Feet
    • GrossIncome: 33000
    • Basement: Walk-Out Access, Finished-Partial, Outside Entrance Ony
    • PropertySubType: Apartment Complex
    • LotSizeSource: PVA
    • ParkingFeatures: Parking Lot
    • TotalActualRent: 2750
    • LaundryFeatures: Coin Operated, Separate Room
    • WaterSource: City
    • AssociationFeeIncludes: No Amenities
    • PetsAllowed: Pet Restrictions
    • Sewer: City
    • ListPriceLow: 279900
    • Heating: Heating Source (Electric), Unit 1(Baseboard), Unit 2(Baseboard), Unit 3(Baseboard), Unit 4(Baseboard), Unit 5(Baseboard), Unit 6(Baseboard)
    • InteriorFeatures: Walls (Dry Wall)
    • Appliances: Water Heater (Electric)
    • Cooling: Unit 1(Window Unit(s)), Unit 2(Window Unit(s)), Unit 3(Window Unit(s)), Unit 4(Window Unit(s)), Unit 5(Window Unit(s)), Unit 6(Window Unit(s))
    • Utilities: Separate Metered
    • TaxBookNumber: 342/106
    Services availability
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