Investment Opportunity! Here's your chance to expand your rental portfolio with an exceptional package deal! This investment bundle includes 5 single-family homes, each offering 2 bedrooms, 2 bathrooms, and quality finishes like hardwood, tile, and LVP flooring. Each home comes with a full appliance suite, including a washer and dryer. Additionally, 18+ acres of land are available for future development potential, providing endless possibilities for growth. A detached garage in a central location completes this unique offering, ensuring extra storage or income-generating space. Currently, all homes are rented with a mix of long-term tenants, making this package ideal for investors looking for immediate rental income with expansion opportunities. Don't miss this incredible opportunity to invest in a central rental package with proven rental stability and room for future development. Buyer to verify all aspects of the property.
Property Details
Property Features
Property Information:
Year Built: 2018
Stories: 1
Living Area: 4,800 SqFt
Listing Office:
Office Name: HomeLand Real Estate Inc - Mt Sterling
Office Phone: (606) 356-3063
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 10
Total Bedroom Count: 10
Lot Features
Lot Information:
Lot Size: 18.25 Acres
Utilities
Utilities Information:
Heating: Electric
Cooling: Electric
Other
Directions Information:
Directions: I-64 to exit 137. Take a left at the light on Flemingsburg Rd. Turn left into Walmart parking lot and left on Bratton Branch. Go 1.3 miles to Bratton Loop Rd and then right on Dakota Ln. and Pipers Way is on the right. Look for sign.
Price Information
Listing Price Info
Price Summary:
List Price: $649,900
Price Per SqFt: $135/SqFt
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Housing Market Comparison
See how this home compares to others in Morehead, KY.
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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.
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Nearby Schools
4
/10
McBrayer Elementary School
550 Viking Dr
Distance between this listing and this school1.74 miles
Public District Grades KG-5
5
/10
Clearfield Elementary School
460 McBrayer Rd
Distance between this listing and this school4.24 miles
Public District Grades KG-5
5
/10
Rodburn Elementary School
91 Christy Crk
Distance between this listing and this school5.11 miles
Public District Grades KG-5
Nearby Schools
4
/10
Rowan County Middle School
555 Viking Dr
Distance between this listing and this school1.78 miles
Public District Grades 6-8
3
/10
Bath County Middle School
335 W Main St
Distance between this listing and this school14.80 miles
Public District Grades 6-8
6
/10
Simons Middle School
242 W Water St
Distance between this listing and this school20.43 miles
Public District Grades 7-8
Nearby Schools
6
/10
Rowan County Senior High School
499 Viking Dr
Distance between this listing and this school1.59 miles
Public District Grades 9-12
2
/10
Bath County High School
645 Chenault Dr
Distance between this listing and this school15.26 miles
Public District Grades 9-12
3
/10
Menifee County High School
119 Indian Creek Rd
Distance between this listing and this school18.48 miles
The neighbors living near this home have an average income of $66,053. Most Morehead, KY residents have annual incomes between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.
This home is located at 20-100 Pipers Way in Morehead, KY and zip code 40351. This 4,800 square foot home, which was built in 2018, sits on a 18.25 acre lot. Features: 10 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $649,900.
While more than 1 listings in Morehead, KY in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. In November 2024 in Morehead, KY there were 5.1% more homes for sale than in October 2024. In November 2024, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $200,000.
From Rocket Homes Real Estate and based on county public records data.