2 months on rocket

1014 Siler Hill Rd, Corbin, KY, 40701

$379,000

Home List Price

$4,501*

Closing Credit

4 Bedrooms
4 Full Baths
Multi

Location

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1014 Siler Hill Rd, Corbin$379,000

Buyer Closing Credits

$4,501*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 - 5 Spaces, Gravel, On Site, Open
Year Built9999
HeatingBaseboard
CoolingNone
MLS #24021857
Lot Size0.75 Acres
StatusActive

About 1014 Siler Hill Rd

Discover an exceptional investment opportunity with these two well-maintained duplexes, 4 total rental units perfectly situated on 0.75 acres. Each unit is currently rented long-term for $575 per month, boasting a remarkable 0% vacancy rate. This property offers not only consistent cash flow but also tremendous potential for short-term rentals, catering to the thriving tourism market in the area. Property highlights include a spacious 1,600 sq ft detached garage, perfect for storage or additional rental opportunities, ideal location at just 2 min to The Mint Gaming Hall Cumberland Run and 9 min to the hospital, I-75, shopping, restaurants, and the Corbin Arena; stable long-term rental income with possibility of short-term rental conversion, maximizing profitability. The property combines the benefits of a solid rental income with the versatility of location, making it a prime choice for savvy investors.

Property Details

Property Features

Property Information:

  • Year Built: 9999
  • Stories: 1

Listing Office:

  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (606) 878-0021

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: 1 - 5 Spaces, Gravel, On Site, Open

Lot Features

Lot Information:

  • Lot Size: 0.75 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: Coming from The Mint Gaming Hall Cumberland Run, go 0.2 miles on Corbin By Pass, turn right onto Cr-1359-70/Old Barbourville Rd Con, Turn left onto Old Barbourville Rd, go 0.2 miles, Turn left onto Siler Hill Rd, go 308 ft, property will be on the right; look agency sign

Price Information

Listing Price Info

Price Summary:

  • List Price: $379,000
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Housing Market Comparison

See how this home compares to others in Corbin, KY.

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Corbin, KY

City

Med. Sold Price

$207K

Avg. Days On Market

31

# of Sold Homes

15

1014 Siler Hill Rd vs Corbin

66 DAYS ON ROCKET

+35 Days

$379,000

+$172K More

KEY TAKEAWAY

This property is $172K more than the Median Sold Price in Corbin, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24021857

Listing Office:

  • Office Name: CENTURY 21 Advantage Realty
  • Office Phone: (606) 878-0021

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively 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. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 10:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,959

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,203

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-943531
10
/10

  • Hunter Hills Elementary School

  • 8325 S US 25

  • 4.70 miles

  • Public District Grades PK-5

school-card-donut-943532
8
/10

  • Corbin Primary School

  • 3551 5th Street Rd

  • 5.29 miles

  • Public District Grades KG-3

school-card-donut-943533
7
/10

  • Whitley County North Elementary School

  • 6670 Highway 26

  • 6.09 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,776. The majority of Corbin, KY residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Corbin, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Corbin, KY?

The housing landscape in Corbin, Kentucky, features a selection of single-family homes, which are prevalent, reflecting the area's suburban character. Architectural styles vary, with a mix of traditional and ranch-style homes commonly found. The market also includes a modest number of apartments and townhouses, providing options for different housing needs. The majority of homes were built in the latter half of the 20th century, with a focus on family living spaces.

Is Corbin, KY a good place to live?

Corbin is celebrated for its small-town charm and close-knit community atmosphere. The city takes pride in its rich history and cultural heritage, with annual events that bring residents together to celebrate local traditions and foster a sense of community. The downtown area retains a quaint character, with local businesses and historic buildings that contribute to the city's unique identity.

Are things conveniently located in Corbin, KY?

Corbin offers a range of essential services to its residents. The educational system includes several public schools, catering to different age groups, and a few private institutions that complement the public offerings. Healthcare is accessible through local clinics and a regional hospital that provides various medical services. The city also has a public library system that serves as a resource for education and community engagement. Retail and dining options reflect the local culture, with a mix of family-owned shops and restaurants.

What does the transportation in Corbin, KY look like?

Transportation in Corbin includes a network of roads that connect residents to nearby cities and attractions. While public transit options are limited, the community is served by a few bus routes that facilitate local travel. The area is moderately walkable, with certain neighborhoods offering more pedestrian-friendly environments. For those relying on private transport, major highways provide convenient access for commuting and travel. The city is also accessible to ride-sharing services, enhancing mobility for residents and visitors.

Rocket Homes›Kentucky›Whitley County›Corbin›40701›1014 Siler Hill Rd

This home is located at 1014 Siler Hill Rd in Corbin, KY and zip code 40701. This home, which was built in 9999, sits on a 0.75 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $379,000.

Corbin, KY housing market in November 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 13 sold below. Between October 2024 and November 2024, Corbin, KY real estate market has seen decrease in the number of listings by 7.3%. The median list price of listings available in November 2024 was $207,000, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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