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346 Dowell Road, Russell Springs, KY 42642

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For Sale

$249,000

0.4 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.4 acres
    Lot size

Explore this Property

ATTENTION INVESTORS!! Great ROI!!! Check out this AMAZING opportunity!!! 1 Commercial unit in the front and 3 apartments in the back! All are currently rented and income producing! This is in a prime location right behind Arby's in Russell Springs, KY! Apartment #1: One bedroom/1bath....Apartment #2: Two bedroom/1bath....Apartment #3: Two bedroom/1bath. All units have been renovated including the front unit, the commercial unit up front. Commercial building has a newer HVAC unit. Commercial sq ft is believed to be 1500-1700 sq ft with one bathroom. To be verified by buyer. All apartments and commercial unit have separate HVAC units. Water is currently all on one bill for apartments and commercial. Apartment # 1: $750.00 (2br) Apartment #2: $700 (2br) Apartment #3: $650.00 (1br) Commercial unit: $600.00 (commercial) Total rental income is $2,700.00 total per month with potential to go up!! Great ROI property for an investor to pick up!!!
MLS# 24026289

Courtesy Of Coldwell Banker Foster Real Estate, Inc

(606) 678-4663

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Brick, Vinyl Siding
  • Lot Size
    0.4 Acres

Map and Directions

Directions to 346 Dowell Road, Russell Springs, KY 42642

Home seller CENTURY 21 Advantage Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Advantage Realty

(606) 451-1021
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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