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  $990,000

  City:

  Cynthiana

  Zip Code:

  41031

  Bedrooms:

  14

  Bathrooms:

  11 + 1

  Lot size:

  0.83 Acres

  Incredible opportunity to own an updated 11 unit apartment building with the potential of two more units or 2500 sq feet of retail space. the apartments are in high demand and all units are 100% rented. 8 one bedroom one bath and 3 two bedroom one bath units with recent updates. All lights have been converted to LED.Electric and plumbing totally renovated 2002. Exterior painted 2019. New roof installed 2023. Total renovation of 1st floor in 2023. 4 HVAC units installed 2023 and one in 2024. Upstairs apartments renovated in 2022-23. Upstairs units are electric wall heat and window AC. There are 28 private parking spots along with 2 handicap spaces. There is also a city park alongside the building.Apartment building has three address 217,219, 221 S Main st. Property is in flood plain and currently paying $525 monthly.