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$419,000
9 Beds ⋅ 9 Baths ⋅ 26022136 MLS
Opportunity knocks just minutes from downtown Mt. Sterling with this compelling 9-unit multifamily investment in the quiet Camargo community. This income-producing property offers immediate returns with 6 units currently leased, 2 rent-ready, and 1 unit ready for renovation, providing both stability and upside from day one. Spread across two buildings, the property has seen significant recent improvements, including 8 units updated or repaired within the past two years, new HVAC systems, and a recently installed metal roof on the 4-unit building. The larger building features 5 existing units plus a framed 6th unit with rough plumbing and electric already in place--ideal for increasing door count with minimal additional investment. Beyond the existing units, the property offers exceptional expansion potential: 32' x 40' shop with 12' ceilings and work pit--perfect for additional rental income, storage leases, or conversion to 2-3 more units RV pad with electric and plumbing, with space to add a second pad Infrastructure in place for scalability with 12 individual water meters onsite (currently operating on 2 meters), allowing for future tenant-paid utilities and improved expense control Positioned in a peaceful rural setting while remaining accessible to key demand drivers--just 46 minutes to Lexington and within reach of Morehead State University and Transylvania University--this property offers the ideal blend of current income, operational improvements, and long-term growth potential. Whether you're expanding your portfolio or entering the multifamily space, this is a rare value-add opportunity with multiple revenue streams already in motion.

4738 Camargo Levee Road Mt, Mt Sterling
$1,145,000
5 Beds ⋅ 6 Baths ⋅ 26006257 MLS
Experience lakeside living on Greenbrier Lake in this custom-built residence offering more than 6,600 square feet of thoughtfully designed space. With nearly two acres that roll gently toward the water, the setting provides privacy, wide open lake views, and a natural backdrop for both gathering and retreat. The main level features hardwood floors, custom cabinetry, and soaring ceilings, with each bedroom designed as a private suite with its own bath. A large sunroom, ideal as an office or additional family space, captures sunlight and views throughout the day. The home's lower level offers a full second kitchen, living and dining areas, utility room, and a stone fireplace, making it well-suited for multigenerational living or guest quarters. In total, the home offers five bedrooms, a theater room with 12-inch poured concrete walls, and architectural details like a dramatic winding staircase beneath the soaring great room ceiling. Outdoor living is equally inviting, with expansive decks and patios overlooking the lake and access to the water only steps away. The rural setting offers the tranquility of a waterfront retreat yet remains just 3.5 miles from everyday conveniences, and a short drive to Lexington via I-64. This is a rare opportunity to own a spacious waterfront home that blends craftsmanship, functionality, and setting in one exceptional property.

5401 Mccormick Road Mt, Mt Sterling