$625,000
192 Fairway Lane A,B,C, Somerset, KY 42503
- 3,600
- sqft
- 0.97
- acres
- Triplex
- Property type
- 2023
- Year built
- 0.97 acres
- Lot size
- $174
- Price / sq ft
Showing MLS 26010382 only. Other listings’ history has not been attached.
Listing Description
Built in 2023, this beautifully designed 2-story triplex is a rare turnkey investment opportunity in one of Somerset's most desirable locations. This fully occupied triplex offers three well-designed 2-story units, each featuring 2 bedrooms and 1.5 baths. With modern construction, newer appliances, and low-maintenance ownership, investors can enjoy peace of mind with minimal upkeep for years to come. Current rents are below market value, creating immediate opportunity for increased income potential. Ideal for investors seeking strong cash flow and appreciation, or for buyers looking to live in one unit while generating rental income from the other two. This triplex also offers 9-foot ceilings, washer/dryer hookups, and is situated at the end of a quiet residential street which offers privacy and minimal traffic with scenic golf course views. An unmatched setting for tenants and owner-occupants alike. Conveniently located less than 1 mile from major highways, downtown Somerset, schools, shopping, dining, and Lake Cumberland Regional Hospital. A rare opportunity to own a newer multifamily property in a prime location with built-in income and future growth potential. (194 Fairway is also available for purchase - mls#26010383)
Listed by CENTURY 21 Advantage Realty · srobinson@century21advantage.com
MLS #26010382 · Listing provided by![]()
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Triplex
- Year built
- Built in 2023
- Lot size
- 0.97-acre lot
- Price / sq ft
- $174 / sq ft
Interior
- 6 bedrooms
- 4.5 bathrooms
Property
- Triplex
- 3,600 sq ft
- 0.97-acre lot
Construction
- Built in 2023
- Composition, Shingle
- Heating: Electric, Heat Pump
- Cooling: Electric, Heat Pump
Show all home details
Exterior & parking
- Roof
- Composition, Shingle
- Parking features
- On Site, Paved, Open
Utilities & comfort
- Heating
- Electric, Heat Pump
- Cooling
- Electric, Heat Pump
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- On Site, Paved, Open
This Listing’s Timeline
| Date | Event | Price |
|---|---|---|
| Listed for sale | $625,000 |
Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$3,982/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $3,243
- Taxes
- $557
- Other costs
- $182
- $625,000
- Home price
- 20% · $125,000
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $3,243
- Estimated property taxes
- $557
- Home insurance
- $182
- HOA
- Not provided
- Utilities
- Not included
Estimate only. Utilities not included. HOA not provided.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Adjust Payment Details
Payment Breakdown
- Principal & interest
- $3,243
- Estimated property taxes
- $557
- Home insurance
- $182
- HOA
- Not provided
- Utilities
- Not included
Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Travel Times and Accessibility
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- Walk Score
- —
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- Bike Score
- —
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Map and estimated drive times: Mapbox. Each route starts at this home. Times vary with conditions. Walk Score and Bike Score are unavailable.
Assigned Schools
Hopkins
Elementary School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Meece
Middle School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
Somerset
High School
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
School boundaries can change. Confirm your assigned schools with the district.
Performance data is not available.
Source: MLS-reported school assignment; confirm with the district.
A dedicated School Wizard page is coming soon.
Shelby & Drake JohnsonFive Pillars Team · eXp Realty