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Barry Turner

barry@laketimeky.com +1(606) 875-5988

$ 475,000

20 Beds

8 Baths

7,176 SqFt

Save

$ 475,000

Save

20 Beds

8 Baths

7,176 SqFt

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 7,176 sqft

Price per Sqft $66

Subdivision Downtown

MLS Listing ID 26013779

Bedrooms 20

Full Baths 8

Year Built 1910

Lot Size 8,160 Sqft

Acres 0.19

Property Sub-Type Apartment

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.

Location

State KY

County Mercer

Interior

Heating Hot Water, Natural Gas

Cooling Window Unit(s)

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N N

Roof Type Metal

Handicap Access No

Private Pool No

Schools

Elementary Schools Mercer Co

Middle Schools Mercer Co

High Schools Mercer Co

Others

Special Listing Condition Standard

Imagine MLS / Bluegrass Association of REALTORS (LBAR)

Listed by RM McGinnis, LLC Real Est & Auction Professionals

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(606) 875-5988

barry@laketimeky.com

44 Office Park Dr, Somerset, KY 42501, USA

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202 S College Street Harrodsburg, KY 40330