Single Family Home $ 299,000

1401 Walter Reed Road

Hodgenville, KY 42748

  • 4 Beds
  • 2 Baths
    Full Baths: 2
  • 2,600 SqFt
  • 7 Lot Size
  • 2001 Year Built
Situated on approximately 7 scenic acres in Hodgenville, Kentucky, this unique income-producing property offers multiple structures and strong potential for investors seeking rental income, acreage, and future value-add opportunities. The primary residence is a 2,600 square foot ranch-style home featuring 4 bedrooms and 2 bathrooms. The home offers spacious living areas, a large remodeled kitchen, and a welcoming front porch overlooking the property. The home is currently tenant occupied with established rental income of $1,900 per month, providing immediate cash flow. Also located on the property is a 640 square foot studio apartment, complete with a full bathroom, kitchen, and open living space. This unit is currently rented for $975 per month plus $200 in pet rent, generating $1,175 per month in total rental income and adding another established revenue stream. In addition to the residential units, the property includes a 1,200 square foot commercial-style building that was previously used as a store. The structure features an open concept layout and a bathroom, offering a variety of potential uses including additional rental income, workspace, storage, or future conversion. The property also includes an RV parking area that could provide additional rental income, further expanding the property's potential for investors looking to maximize returns. With multiple structures, existing rental income, acreage, and additional income possibilities, this is a rare investment opportunity in the Hodgenville area. The property is being sold as-is and is best suited for investor buyers. Buyer and buyer's agent to verify all information including square footage, rental income, zoning, and property details.
Listed by The Brantingham Group Team of KELLER WILLIAMS HEARTLAND

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Single Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 600 sqft

    Price per Sqft $115

    MLS Listing ID HK2600822

    Bedrooms 4

    Full Baths 2

    Year Built 2001

    Lot Size 7.000 Acres

    Acres 7.0

    Property Sub-Type Single Family

  • Location

    State KY

    County Larue

    Area Larue County

  • Rooms

    Basement None

  • Building

    Foundation Pier/Pillar

    Water City

  • Interior

    Interior Features Ceiling Fan(s)

    Heating Furnace

    Flooring Hardwood

    Fireplaces Type 1, Gas

  • Exterior

    Exterior Feature Vinyl

    Fence None

    Utilities Available Hallway

    Roof Type Shingles

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CONTACT

Hailey Shelman
Hailey Shelman

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