10 Units, 2 Acres near Lake Cumberland and Somerset for 164,000! $162,000

Lake Lot For Sale

10 Units, 2 Acres near Lake Cumberland and Somerset for 164,000!

New Underground Utilities. (Water, Electric, Septic lines)

This property is ideal for the experienced fix and flipper or someone looking to run a rental business.

It is situated near Lake Cumberland and the Food and Shopping that Somerset has to offer. It is 1 mile to the nearest boat ramp and 4.5 miles to Kroger Marketplace. There are several 500K homes on the same street with many of the neighbors being seasonal visitors.

The unit breakdown:

1. The double wide mobile home has been cleaned out and appears to be in good structural shape. It will need a full rehab but is definitely worthy of repair if you want it there.

2. The 4 block duplexes are 800 sf so 400 sf per side. They are 2 bedroom one bath on a concrete slab ready for renovation. They should be lots of fun to renovate and decorate as their size will make it pretty inexpensive to make them look nice.

3. The single family dwelling closest to the doublewide needs the most work. It would need heavy repairs if you choose to keep it. Removal or replacement would likely be the easiest option for it.

Reach out today!

Owner/Agent