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9425 Brown Ridge Road, Morehead, KY 40351

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For Sale

$275,000

2,784 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $98.78
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

This versatile property offers a fantastic house hack opportunity. Live in one unit and rent out the others to generate a steady income. The top floor features three apartment units: a spacious 3-bedroom, 2-bathroom apartment, perfect for owner-occupancy, and two cozy 1-bedroom, 1-bathroom apartments. The ground floor includes approximately 2,784 square feet of flexible space, ready to be developed to suit your needs whether for retail, storage, or additional apartment units. Adding to the property's value are a large barn and an additional storage building, providing ample storage or potential for further development. This property combines residential rental income with the potential for significant expansion, making it a prime investment opportunity and a smart way to maximize your living situation.
MLS# 24015896

Courtesy Of United Real Estate Lexington KY

(859) 800-7355

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Exterior Type
    Wood Siding
  • Floor Covering
    Concrete, Vinyl
  • Lot Size
    1.82 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 9425 Brown Ridge Road, Morehead, KY 40351

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) 783-0021
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 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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