202 S College Street, Harrodsburg, KY 40330
202 S College Street, Harrodsburg, KY 40330
202 S College Street, Harrodsburg, KY 40330
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Mimi Iverson

Mimi Iverson

+1(859) 310-2814
$475,000
8,008 SqFt
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 8,008 sqft

Price per Sqft $59

Subdivision Downtown

MLS Listing ID 26001844

Year Built 1910

Lot Size 8,160 Sqft

Acres 0.19

Property Sub-Type Hotel/Motel

Property Description

Back on Market - Motivated Seller! 19-Unit Income Property in Downtown Harrodsburg Approx. 8,000 sq ft income-producing building generating around $8,900 per month in gross rent. Originally constructed as a hospital and converted to apartments in the 1950s; current ownership since 1996. Well maintained and turnkey: new roof 2024, updated plumbing/electrical, no known major deferred maintenance. Historically ~90% occupancy with reliable rent roll; primarily elderly tenants on Social Security for stable income. Gas boiler heat, window A/C units, 300-amp electrical service, street parking available. Local property management available. Flexible layout for future improvements or redevelopment. Sold as-is. No seller financing. Seller needs clean exit. Previously under contract for most of its listing period — now available again.

Location

State KY

County Mercer

Zoning B-2

Interior

Heating Hot Water, Natural Gas, Steam

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

Building

Sewer Public Sewer

Others

Special Listing Condition Standard

Read Less Info
Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by RM McGinnis, LLC Real Est & Auction Professionals

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202 S College Street

Mimi Iverson

Mimi Iverson

Agent | License ID: 271853

+1(859) 310-2814

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