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Tiffany Siems

tiffanysiemsrealtor@gmail.com +1(502) 608-2693

$ 699,900

Est. payment | -/mo

3 Beds

2 Baths

1,831 SqFt

Save

$ 699,900

Est. payment | -/mo

Save

3 Beds

2 Baths

1,831 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,831 sqft

Price per Sqft $382

MLS Listing ID 1731130

Style Ranch

Bedrooms 3

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,831

Year Built 1985

Lot Size 15.980 Acres

Acres 15.98

Property Sub-Type Single Family Residence

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 1831

Property Description

RARE 15.98-ACRE INCOME-PRODUCING PROPERTY WITH 4 RESIDENTIAL STRUCTURES, 3 BARNS/OUTBUILDINGS & SIGNIFICANT UPSIDE! Opportunities like this are hard to find! Situated on approximately 15.98 acres along Claybrooke Ln in Springfield, this unique property combines a primary brick residence, multiple rental dwellings, established rental income, additional income potential, and ample acreage. The main home is a 3-bedroom, 2-bath brick residence featuring walk-out unfinished basement, full bathroom in the basement, and a wood-burning fireplace. The property also includes three additional residential structures, creating exceptional flexibility for investors, multi-generational living, or an owner-occupant looking to generate rental income. The second residence is a 2-bedroom, 2-full-bath trailer with a versatile flex space that could serve as an office, craft room, or additional living space. It is currently being rented for $1,100 per month. The third residence is another 2-bedroom, 2-bath trailer, currently rented for $1,200/month. The fourth structure offers a kitchen, full bathroom, and two potential bedrooms, and is currently rented for $825/month. The existing rental income is currently $4,325/month, or approximately $51,900 annually. Adding more versatility to the property are three barns/outbuildings, providing valuable storage, workspace, agricultural, hobby, or other potential uses. This property offers an uncommon combination of nearly 16 acres, multiple residential structures, existing cash flow, additional rental upside, a substantial primary residence, and multiple barns/outbuildings. Investors can capitalize on the existing rental income and potential for increased cash flow, while families and multi-generational buyers can take advantage of the multiple living spaces and acreage. Live in the main home, generate rental income from the additional residences, or explore the many possibilities this unique property presents. With four residential structures and nearly 16 acres, this is a property that offers flexibility, income, and opportunity rarely found in one package. Bring your vision and take advantage of this exceptional investment opportunity!

Location

State KY

County Washington

Direction Hwy 150 E to KY 152 E to Claybrooke Ln

Rooms

Basement Walkout Unfinished

Interior

Heating Heat Pump

Cooling Heat Pump

Fireplace No

Exterior

Parking Features None

View Y/N No

Roof Type Shingle

Porch Deck

Garage No

Building

Story 1

Foundation Poured Concrete

Sewer None

Water Public

Architectural Style Ranch

Structure Type Brick

Greater Louisville MLS (Metro Search Inc)

Listed by Aspire Real Estate Group

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(502) 608-2693

tiffanysiemsrealtor@gmail.com

Learn More About LPT Realty

722 Claybrooke Ln Springfield, KY 40069