202 S College St, Harrodsburg, KY 40330

$449,000
20
BD
8
BA
7,176
SqFt

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List Price
$449,000
Price Change
▼ $26,000 1788995976
MLS#
26013779
Status
ACTIVE
Type
Multifamily
Subtype
Apartment
Bedrooms
20
Bathrooms
8
Full Baths
8
Living Area
7,176
Lot Size
8,160

Property Description

Rare opportunity to acquire the Parkview Guest House, a fully operational 19 unit income producing property in historic downtown Harrodsburg, KY. Built in 1915 and formerly a hospital, this stucco landmark has been under continuous ownership since 1996 with a strong history of stable long term occupancy. Units include weekly rental rooms, an efficiency apartment, and a premium suite plus on site office space. Many tenants have been in place 2 to 5 plus years demonstrating exceptional tenant stability. Recent capital improvements include a new roof (2024), updated plumbing and electrical, new exterior paint, and updated windows. Features 8 individually lockable bathrooms, central gas boiler heat, window AC units, on site laundry, and a circular drive. Zoned B2 General Business. 4,842 sq ft above grade plus finished basement. Sold as is, inspections welcome. Full rent roll and financials available upon request.

Additional Information

Roof
Metal
Elementary School
Mercer Co
Middle School
Mercer Co
High School
Mercer Co

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Calculator source: Real Geeks

Listing courtesy of RM McGinnis, LLC Real Est & Auction Professionals.